Indian Consumers
topic on 3 shows · 14 statements across 12 episodes
Innovators & Investors
the Neon Show
WTF is with Nikhil Kamath
14 statements about Indian Consumers, every show
Chatterjee: Indian consumer spending is shifting toward affordable luxury goods
“Now the nature of consumption is actually moving more towards luxury aspirations. In keeping with the aspirations of a growing country. Consumers are spending on affordable luxury, whether it is in terms of the accessories, electronics, gadgets, wearables cosm…”
Modi: Global Brands Alienate Indian Consumers Without Relatable Representation
“Global brands are alienating you know, alienating Indian consumers when they don't see someone who looks like them in India.”
Chitharanjan: International brand status no longer automatically attracts Indian consumers
“I also think that Indian consumers affinity towards international brands is not what it was. 1520 years ago. So the idea that I can just be an international brand and automatically I'll have a line is no longer applicable.”
Kamath: Mass market Indian consumers switch brands over five-rupee differences
“The category of people in India, which can afford to pay a premium is still very low. Very, very low. I think we are very, very price conscious. It's almost like annoyingly price conscious. If you're selling something at 50 rupees and you're not in the craft s…”
Ganesh: Indian consumers pay for painkillers, not vitamins
“So core sectors, big pain points, follow the money, more like the cliche that, you know, people will pay in India for a painkillers rather than will they pay for vitamins or vitamin supplements.”
Extreme price sensitivity prevents Western tech models from easily scaling in India
“The Indian consumer is unbelievably price sensitive. You probably appreciate that more than I do. And some of these numbers don't scale. Some of these businesses don't scale the way people think they might because there's twists and turns along the way.”
Bagri: Indian retail depositors have never lost money in banking crises
“Indian consumer has never lost a single rupee touch wood in, in any of the banking crisis.”
Garg: Indian consumers no longer buy furniture expecting it to last 20 years
“In fact, when we sell furniture to our customers, the common question that earlier we used to get is like, this will be going to be 20 years. 20 Now people are saying, what this means? This means that people have moved on to, you know, owning things for, becau…”
Lunia: Indian Youth Consumer Spending Reflects Combined Household Income, Not Personal Earnings
“For a investor or an entrepreneur, This is a good audience because this then again, like I said earlier, The expenditure people will do is not restricted by the individual's income. It is about the income of the individual and the parents.”
Jigar Shah: Both rich and poor Indian consumers demand discounts
“The poor need discount and the rich want discount, but effectively everybody wants discount. So we had to in some way bring some element of a financial incentive in.”
Kumar: The Indian consumer segment prioritizing convenience over price is very narrow
“I think Amazon has a, like he is saying that convenience, but that audience in a bucket, even in bucket A is very narrow.”
Mehta: International Travel Experience Defines The Whole Truth's Core Customer
“And the biggest check mark which makes someone a consumer of old truth is, has traveled outside the country at least once.”
Singh: Indian urban consumers are increasingly willing to pay for convenience
“We really believe that the Indian consumer, you know, there is a backward looking view of the Indian consumer. For instance, people believe nobody will pay for service. People will not pay for quality. Payments is difficult. I mean, all of those things in my o…”