That's a typical statement from a person staying in a big city like Mumbai.
You would be astonished to hear that the real affluence is under progression not in big Indian cities but smaller ones.
According to a survey conducted a year back by a leading hindi newspapers (I don't remember where I had posted): rate of rise in demand of consumer items like credit cards, cars, etc was heavily skewed in favor of smaller Indian cities.
You sound more like a short term trader from whose perspective what you say may be correct. However, I personally wouldn't budge before 3-5 yrs.
Let's do some calculations for worst case scenario,
Let's say you buy 100 IDNs for 5 years -> your cost 100x7x5 =$3500=Rs 175000. Cmon' that a pittance for what you could potentially get in returns. Moreover, losing this much amount also will not bankrupt you! So, what's the crib?
Dave, your समाचार is a killer..
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Originally Posted by kartik786
Unfortunately, in villages where people " might " want to have such computers and keyboards, their per capita income does not allow them to buy proper food, forget about computers.
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