India is no more poor country.Indians now afford premium lifestyle Read Full Story

TradingFunda

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#1
Automobile slowdown ????Or end of ordinary cars???

🚘Mg Hector 21000 bookings in first week of launch this suv costs around 20 lakhs for mid range variants.waiting period 6 months

🚘Kia seltos 32000 bookings in first month this suv costs around 16 lakh for mid range variants.waiting period 5 months

🚘Tata harrier 50000 units sold in first three month this suv costs around 16 lakh for mid range variants.waiting period 3 months

🚘Maruti XL6 5000 bookings in first Week this suv costs around 11 lakh for mid range variants.

🚘Hundai venue 50000 bookings in first month this suv costs around 16 lakh for mid range variants.waiting periods 6 months.

🚘Mahindra XUV 300/ 500 Established models in market with monthly 2000 units getting sold at average price around 10 to 18 lakhs respectively.

🚘Baleno,swift,creta,brezza,tata nexon,Jeep compass ,eartiga still selling in 4 digits sales monthly

Then where is market slow down.?????
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Slow down is in age-old models like alto,wagon r, i10, san tro, indica, figo, indigo.
Indians has moved from ordinary cars to entry level luxury cars and above.

Same way sale of Volvo and scania buses is increasing than ashok Leyland a d tata buses or trucks .

Maharashtra and Karnataka's state road transports all premium buses are of Volvo and scania.for every 15 minutes msrtc's shivneri(Volvo) and ashwamedh(scania) plies between Mumbai and pune.and for every hour between bangalore to pune.all buses runs with full packed satisfied customers.

In FMCG uniliver and P&G are outnumbered by patanjali and dabur in all aspects.so slow down is only for Unilever and not for patanjali.
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In mobiles samsung and nokia are loosing but xiaomi ,vivo,oppo,realme are creating new benchmarks in terms of sales.

In home appliances IFB, vu, xiaomi are way ahead than samsung and LG.

Jet airways🛬 stops it's operations but indigo✈ and spice jet🛫 are performing exceptionally good.

BSNL and MTNL are on the verge of extinct because of pathetic services but Jio, airtel leads with higheat share of new customers in every month.

PSU are bleeding but pvt firms are at all time high because service and quality matters most to customers.

Dmart is opening new stores every month.

IKEA has started operating in India.

FlipKart, Amazon's sales are massive hits across globe .

Then where is slow down???

Slow down is in newspapers, 📰 📺Media and in our minds 🧠only....

Actually india is no more poor country...Indians now afford premium lifestyle.
 
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