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retail boom: 'Mass' consumers with income between Rs 2.5-10 lakh to be growth engine for eCommerce market: Report

The retail boom in India will be driven mainly by those who are earning between Rs 2.5-10 lakh annually and presents a $1.3 trillion opportunity by 2030, a new report has stated. This segment of mass consumers is projected to drive ~US$ 1.3 trillion in the overall Indian retail market and nearly 45% of the $300 billion eCommerce opportunity in India by 2030.
Indian Middle Class Middle Class Retail Boom Ecommerce Market Income Growth Indian Retail

CNNW CNN Saturday Morning July 30, 2011

what could be the largest municipal bankruptcy in u.s. history. good morning to you all. thank you for spending part of your weekend with us. im t.j. holmes. we do need to start with a debate that was supposed to be over already. we are less than three days from a possible u.s. default. this clock is still ticking and a deal is not done. we are expecting a lot of action on capitol hill today. both houses in session, but whether theres going to be any real progress, thats anybodys gue...
Way To Go U S T J Capitol Hill United States Senate White House

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