Indian consumers

“The issue is value, not the fact that people will or will not subscribe. The problem is that many times we are not able to give consumer value, and then we sort of blame the consumer.”

“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…”

“And the biggest check mark which makes someone a consumer of old truth is, has traveled outside the country at least once.”

“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.”

“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.”

“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…”

“Indian consumer has never lost a single rupee touch wood in, in any of the banking crisis.”

“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.”

“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.”