Gravitas Plus: All things luxury: Why are Indians spending so much?

[@arunnaik622]

Only thing i learned form this video is I am poor😢

[@dk-ln6om]

Sahi baat hai 😅

[@kleosworldofwonders5332]

Even me bro

[@seeker777]

You aren't alone there.

[@harshanaladala1597]

Hope ur son is not poor because of u not working your ass off😅

[@sreedhar8106]

me too ... my brother 😂😂

[@z1770]

I would call it a mindless middle class spending. Instead of normal savings, Indians are moving towards forced spending, which have been covered here as revenge spending.

[@averagestudent5223]

can't take the money with you when you pass on dude, let everyone spend! It's ok

[@swagatbiswal9263]

@@averagestudent5223Spending on self is good but here ppl are over spending 💰...we can just help others with that money right...that is also spending 😊

[@Abhilash-.]

@@swagatbiswal9263money circulating in the economy is the help people need not handouts

[@swagatbiswal9263]

@@Abhilash-. right 👍 but I am not talking about just handouts I have a medium sized family shop and 5 ppl are employed in there so If we try to re invest in our locality and create opportunities for locals it will be good right. My brother also has a farm where many local tribal ppl work and we arrange small monthly feast for them 😊 rather than spending on a BMW which is a complete foreign brand we can do these things...to reinvest locally.

[@Abhilash-.]

@@swagatbiswal9263 that is correct investing locally should be the priority.

[@parthshah6824]

We shouldn't forget that only savings will help in the difficult times. Because of this unmindful expenses, people are not saving and falling trap to instant loans scams.

[@itsbonkerjojo9028]

Really 😂😂😂 you save for yourself and stop worrying for godsake 😂

[@kunalgajjal]

If u know what is saving and not know bout investment or multiple source incomes your rainy day is going to hard

[@Tate525]

Do you really think people who buy these are really relying on chinese loan apps hahahaha

[@prabhusankar8346]

Absolutely!!! 10x true!!

[@tanmoyeeghosh7180]

No Indian (I agree to the fact, that there are mindless people), would never spend loan money for buying luxury items... Our 'family at the core of everything' culture, stops us from all such mindless spending.

[@venkatganapathy3123]

The entire feature seems to be well researched but what is shameful is that they have only videos of foreigners when they show the rising life style. Almost like they don't have video clippings of Indian videos and hotels...

[@venkatganapathy3123]

All this just shows that how much ever we earn we will always suffer from an inferiority complex with the white skinned people. Most of the consumers from Gujarat and ncr areas are anyway in awe of the white skin and their standards of living.

[@Indian_Rajput]

I didn't see any foreigner

[@kumarharshrajput6531]

Slaves, we still are slave.

[@raviagarwal6492]

@@kumarharshrajput6531 you are not us.

[@VIPIN4528]

​@@kumarharshrajput6531no one likes truth bro

[@vacationeyes6430]

The worst form of spending is the wedding and dowry. All other spendings pale in comparison.

[@vacationeyes6430]

@@ravindrareddy5835 ha ha ha. It's a loss for one family, gain for another.

[@cannibalronny7314]

Dowry is important so that u r daughter does not run off with her driver and then claim alimony from her husband.

[@vickyAlways]

when gals n their fmailies considers rich men as their basic right then dowry is also basic right for men

[@RB-rocks]

​@@vickyAlwaysspot on!

[@olivermartinez5204]

Why Indians are spending too much? Ans: To prove that we are not less than our friends, neighbours and relatives.😂😂😂

[@nandanhegde2986]

On point typical Indian mentality.

[@anonanon6225]

I think this is true only for a very small percentage of population. For most of others, life is still a struggle. Bring in inflation liked minimum wage and we will see what burns.

[@srini9653]

It is sad that people are forgetting between the need and want.

[@Ipl2023Updates9]

Sad? Looks like those things were "want" for you and might be a need for them...

[@rishabhadiga8864]

You'll end up not getting what you want in life with that mindset

[@meghanarora4136]

People should spend on whatever they want. Who is going to inherit and use that money you leave behind after death?? Do they even deserve it?? No... So enjoy this life. Kids can make their own money

[@manojkumargujju]

If rich spends it is good only brother. Money will circulate in the economy and create more jobs.

[@winteriscoming7493]

So true...what a waste

[@rag12307]

Glad to see Indians are moving up the ladder and also spending , more power to our people and our economy

[@indian2003]

Some Indians are moving up the ladder leaving the poor behind. Do spare them a thought. For many it is fate. You must mean more power to the rich. You should be saying more power to ALL Indians

[@pratheeshm400]

all are emi

[@sid8285]

​​@@pratheeshm400is there any other way to buy a car or house?😂

[@Tate525]

Few Rich Indians going even higher lol

[@prabhusankar8346]

​@@sid8285Savings and investing in the long term !! EMI and loans are a trap. Nobody realises it actually they spend more on interest !!!

[@chrissanjiv1753]

It is good that people are moving up, but its also important to not leave people behind . I am happy this is happening but also please watch out to make sure that the money flow is not unevenly distributed.

[@nikhilraj418]

The smart are earning

[@naerampokku]

Suggest some solutions pls ..

[@egshwhwjwnoeowkwkw9809]

its always unevenly distributed

[@ankushmukherjee3219]

By laws if capitalist economics there'll be inequality. You can't change it. It's okay as long as poor have basic dignity of living

[@IndianSummer1982]

@@naerampokku One of the ways is to increase the wages and also have a minimum wage limit for a days work 8 hrs. The problem in India is that wages are based on demand and supply so a low skilled worker that are in abundant supply will make peanuts even though the work is hard and manual. By increasing wages profits of the company will reduce but I feel this is needed and the only way to improve the next generation of these low skilled workers.

[@digiartly]

Nah, I actually started spending less post pandemic. I liked that I could save more money to spend on needs than desire. Work from home gave me the opportunity to spend time with my family.

[@cannibalronny7314]

Even jobless people work from home,u spending less means less money in the economy which in turn causes inflation f00l

[@ChiSa123]

5:21 You'd think at least WION would use the correct map of India or at least edit the animation! 🙄🤦‍♂️🤦‍♀️

[@web3wizard381]

it was talking about the globe at that second, not india, thats why it shown globe, buddy

[@anujmonty9175]

Only 1% are enjoying, rest are struggling

[@tjohanne]

Screw the rest! Karma!

[@fwefhwe4232]

my maids are sending their kids to pvt schools, have a scooter, 4G phone, own house, etc. Their living standards have improved too.

[@amitkriit]

Rest = you? Get a job.

[@dennissteyn8864]

You sound like the 99% type. Don't have a looser mindset. Enjoyment and struggle are both part of life.

[@ankushmukherjee3219]

​@@tjohanne it's not karma it's just a hard reality of any sustainable economic model you follow.

[@himanshusirohi2403]

Wow, that was an indication of rising India.

[@anandp.r2067]

Exacly

[@arghagayen420]

The number of people who can afford luxury products is still a handful

[@drarunaj]

Amount of money you earn is quantified by the value of your work, amount of skill in any field and financial literacy. Instead of upskilling.Most people blame the capitalists and choose to remain losers.

[@indian2003]

Where is the labour coming from? Are the labourers being rewarded?

[@ankushmukherjee3219]

Capitalism by nature will have winners and losers. Even if everyone unskilled equally still there will be extreme economic inequality, no system can be perfect. Capitalism is only sustainable economic model

[@ashwinipurandare9418]

how people are able to afford 7cr homes? USD conversion is 850k, which is currently the price of a home in California. So much inflation 😞

[@trishya501]

That too how come so many 7cr apartments sold in so few days. Some people sure have a lot of money.

[@ashwinipurandare9418]

@trishya501 yup seriously.

[@AD70003]

In Kolkata you still get 2 bhk for 30-35 lakhs . Idk 🤷‍♂️ how can someone afford 7cr flat . Must be earning atleast 1-2 cr per annum then .

[@ranjitkumarprasad4439]

I shall say about Pune (Maharashtra), Patna (Bihar) and Raipur (Chhattisgarh), 2 to 5 crores apartments/ duplexes are getting sold easily, so inflation has gone too high and so availability of money....

[@AD70003]

@@ranjitkumarprasad4439 I think the title is misleading . These are not average homes rather luxurious homes . So yeah .

[@srs.shashank]

but the point is the people who are at avg per capita income of 1.72 lakhs wont be able to afford a BMW or a 7 crore apartment. The wealth gap is driving this spending and not the working class.

[@devanshsanghavi9999]

If our GDP per capita rose to at least $5 000 then what will happen that's why companies are Coming here to get the share of Pie.

[@Eleanorexx]

Rich are getting richer and poor are getting poorer even if they are working 12 hrs daily 😢😢

[@asifzbaig]

These trends also shows a dangerous side of Indian economy, the wage gap disparity! This shows how 1-2% Indians are on spending spree because of the disposable income at hand while more than 50% is struggling to make there dajly needs. .Indians should use more local resources then international brand and foreign travels. Atleast this will help a small business to grow rather then large corporates or foreign brands

[@tejasuparkar]

In my opinion this trne is nothing but a captured foreign lifestyle. People have started forgetting ancient wisdoms and fail to save for the rainy day. God bless.

[@cannibalronny7314]

What local resources?I What exactly does India make that is very useful,we cant even make a good laptop or a mobile phone,everything is sourced from China.If you want to go to Agra every year please do that,dont teach others where to spend their money f00l.

[@cyborg029.]

We buy things we don’t need, with money we don’t have, to impress people we don't like.

[@abdulhazeeb]

Middle class need to print this out and stick infront of the bed and read every night before bed to escape from this worst trap....

[@rbalasubramanian3236]

Paying unrealistic prices may not necessarily indicate wealth. Watch out how availabilty of easy money from banks make people splurge but lead to NPA down the years. Also very high growth rate as in aviation, will lead to folding up of business when demand flattens.

[@osamaobama1574]

I was also discussing same to my relatives nowadays it's easy to get loan from private bank by showing IT return.

[@DiamondManagement849]

Hi Anyone Need Personal Secretary , Accounts Secretary , Bitcoin Manager, Audit Manager , Software Database , Payment Handle All Over World

[@nagnag9722]

At the same time french tourists got a 500 rupees budget for 1 night in luxury hôtel in Jaipur ! And they think that all Indians are poor !

[@Rainbowpandemonium]

Where you can see it? Like source of this information.

[@asthanegi2874]

Remember, much of the economy is run by credit and not money. The amount of credit in circulation is very high in our economy as getting credit is easy these days. Credit simply means you are borrowing from your future self. More people are living off credit these days means less savings. Hence until we keep earning well in future and our income streams in future are consistent, this entire development is postive. If this trend continues, our economy would become more vulnerable to economic crises'.

[@private4254]

💯

[@YiLunMusk]

RBI is on auto-pilot mode

[@vikasd.7139]

Balloning of debt.. 30 years ago most middle class was nearly debt free. Now, with huge amounts of debt.

[@minku2008]

After covid people have understood there is no point in saving all the money and stopped delaying their desires for luxury , there is a paradigm change in the mindset of middle and upper class and also two years of savings that occurred during covid shut down is pushed to the market -But this is temporary ,will hit hard in the coming years and well it’s the dreams that matters in this short life -To drive a bmw or that international trip you have dreamt of and the endless desires …

[@ChaitanyaArige]

True

[@souviksikdar1864]

True that

[@cybermenindia]

India has bunch of KZbinrs and video bloggers . They are really making good money . I see most KZbinrs spending huge amount of money behind luxury goods .

[@huanghermann5207]

This video sounds like that India is very rich now. Not all Indian, a few percentage of Indians have the spending power for these luxury

[@josur8181]

will always be the case due to the population. But Indians are certainly getting richer. The prediction that India will be a super economy will be true and this is just the beginning. The game is - Invest in India

[@user-pz6sx7ir1p]

that number itself is enough to fill planes, trains, hotels, restaurants etc. you guys are 1.5 billion.

[@geospecial]

BMW IN CHINA sold 792,000 units in 2022, so half yearly sales in India is a couple of days sales in China

[@nikhilkashyap4294]

God bless India ❤️

[@sampadabapat1340]

But sadly our roads and cleanliness is still no where close to developed countries. If we improve our cleanliness we will be number 1 country.

[@rishabh798]

Thanks to the gutka eaters, they are contributing a lot 😂

[@anitasingh-nb4pi]

Who cares as long as houses have ac chauffer driven cars abroad holidays english spoken language jewellery

[@komodoengineparts]

We are in the middle of a an enormous credit bubble. Only time will tell.

[@ronpurane6547]

I believe this extreme spending thing is because of Instagram. Every millenial genz got free internet from ,2016 (jio) They are trying to cope on luxuries. BTW I am 28 years old never buying things to please someone This news channel should also add one more data how much per capita income of these people?

[@RAJ-km8gw]

Yeaaah u are r8

[@Srinivasthimmappa]

BMW sales in the USA was 336,644 units and 8,876 units in India in 2021!

[@laoxianmodi]

This is the sign that Indian media is unnecessarily overtalking!!

[@rjclue2630]

I like your country modi. He is inspiring young Africans to help our own ppl first. 😊 thank you

[@living_alien]

After watching this video, i am asking myself, am I Indian ?

[@JBEedits]

IT sector seen enormous booming in India.

[@ArnTodd1337]

It is good that people are getting rich. I am glad that India is getting rich, you deserve it, but remember not to go the way of China and the way of pollution of the Earth, everything that will be built, produced should be environmentally friendly, even the price of such construction will be worthwhile... because you will not have to change quickly, etc. This reminds me that the corona pandemic did not teach the world anything, but was supposed to be a reminder of humanity and the earth, because people went too far in their behaviour. Once again I note that it is now what it was before the pandemic but even more intensified, no lessons have been learned. Well, I think it is time to remember....

[@anandp.r2067]

Are u kidding me, 🇮🇳ns are on the way for upgrading upper-middle-class from lower-middle class Riches are slightly uppish. I was Shocked to hear this

[@RiteshKumar-cn3qb]

Lol, another acting high and mighty! First see how much has your country polluted per capita in the last century before preaching others!

[@DK-ev9dg]

India is already polluted beyond repair. Only China is on track to be carbon neutral by 2060. Rest of the world is way behind. West's only hope is canada. Last month report came out that everything is disorganized and off track in Canada. Even tree plantation is going sluggish. Half of india's diseases are due to filth mix up with drinking water resulting in contamination. I have not started yet on polluted rivers.

[@drarunaj]

​@@anandp.r2067After I learned investing I turned my 25 L capital to 80 L in 3 yrs. People who are upskilling are truly becoming rich slowly. The huge population is acting as a drag in denominator.Thats why improvement growth in GDP per capita is considerably slow.

[@sandipkamat5604]

Well said.

[@jakerkz]

Till the time people are able to buy what they want without falling into debt trap is fine. But realestate has become a joke 7cr for an apt is way to high especially with infra what we have. A small rain creates an havoc on the streets and you cant even get out of your elite apartment to commute be it for work or emergency.

[@rosiilygaikwad1386]

Atleast people have money to spend. Here I am graduated from the rank 1 institute in India and still unemployed. People who are employed will never get how this feels. Our country's job market sucks !

[@pratikdharanep.d.8938]

Same 😂😂😂😂

[@ankushmukherjee3219]

I'm from tier 1 institute a d 45k salary geels very good in core sector while friends in IT are out of my league

[@rishabh798]

If you have an idea then start a business, encourage entrepreneurship in the country

[@ankushmukherjee3219]

@@rishabh798 There's not enough demand in the economy for things outside of common connection stuffs.

[@chachachauhan4281]

We are not happy, thats why we try find happiness in materialistic things, hence we spend a lot of money on those things but happiness from those things are for few hours/days/weeks/month. Thats why we keep spending

[@RAJ-km8gw]

Yeaaah absolutely ri8

[@dhurjati1387]

Because slowly from savings based culture we're shifting towards the western way spending/consumption based lifestyle

[@priyaprateek]

The offset to this spending is the dip in our propensity to save for a rainy day. Also, for the first time, there are some Indians earning salaries equivalent to their global counterparts and they are obviously spending accordingly. A small %age of splurging Indians is still a huge number, so it makes for nice headlines! For most middle class people, life is still the grind it was.

[@rishabh798]

Even Middle class are climbing up the ladder, they are buying apartments worth 1cr maximum and minimum 75lakhs

[@robbenvanpersie1562]

​@@rishabh798not everywhere

[@sapodilla25]

This feature was about that small section of rich Indians in Gurgaon or Noida who are suddenly making good money and are spending recklessly. In the rest of the country inflation is dictating our spending. The middle class still has to worry about things like tomato prices and education fees.

[@satoshinakamoto3342]

It is not majority Indians, but a very small % of elite Indians, who can afford these things. Spending is good for the economy, but only if it stays within the country. Spending on items from foreign companies means the money goes out of the country. Indians need to spend more on Indian products, like chinese do, so the domestic economy becomes strong and money stays within India

[@hulkincredible222]

If that's the case then how come the per capita income figure has risen?

[@muhammaduddin9268]

Well said.

[@sunnychoudhary6041]

@@hulkincredible222if rich makes more money. The per capita income also increases

[@getvimlesh]

My previous Bai had house hold income nearly 10k some years back, now her family income is more than 55k as per her. So its not only rich are getting richer it seems, lifestyle and income of poors is also improving in india.

[@D.2601]

😮she is doing better than a lot of graduate couples earning 20-25k & working like slaves 12-13hrs!

[@fwefhwe4232]

true. Most auto / erickshaw drivers in bhopal / indore / jaipur / nagpur / ahmedabad earn between Rs 40k to Rs 50k per month, thanks to quick bookings of uber / ola.

[@smurugan12]

These get unaccounted due to cash based payment, hence doesn’t get in to the official stats

[@greenhax92]

How ?

[@ankushmukherjee3219]

That's like avg earning of govt pensioner whoa

[@parthshah6824]

These activities will only encourage the sellers to inflate prices and have a bigger profit margin. Buyers are ready to pay whatever you ask for.

[@PMLighthouse]

???... Which India is this? I would like to be there instead of the India I am in. I still buy on Amazon looking for discounts.... Glad to know there is another India where I can be.

[@SKumar-mj6gf]

Can you pls tell what percentage of Indian population are spending? While majority rolling under poverty.

[@utkarshkumar7154]

Oh so 10% is majority 🤡

[@Abhisekhdutta]

Troll😂

[@indianmilitary]

@SKumar-mj6gf Probably 0.01% of population.

[@Abhisekhdutta]

@@indianmilitary And that 0.1% is bigger than some of the countries population

[@user-pz6sx7ir1p]

that is for you to find out. that will keep you busy.

[@thegoldenbird9]

DISPOSABLE INCOME HAS INCREASED.

[@user-dv1zi4bq6q]

*_Wow the middle class has so much money to spend and buy LUXURY goods and yet the very same people talk about TOMATOES--heights of hypocrisy_* 😂😂😂😂😂

[@testaws2612]

Indians are westernized due to foreign media like sitcoms and influencer. Many of my friends have bought BMW on car loans paying around 80% of their monthly income as EMI. This will soon lead to a debt trap in the coming days.

[@rajkschwartz]

It’s good to hear provided they have a hold of their books - other side the ones who cannot spend as of today need not feel sad and try not to copy the lifestyle of the affluent - be composed with what u have and think long term - just because in your society ur neighbour bought a new car I does not necessarily mean , u shud buy one 🙏🏻

[@surajprakash7867]

May be elite class enjoying all these.. out of 140 crores ,not even 1% can afford all such luxurious

[@AbhinavKumar-qn1dt]

Isn't it interesting that the whole video is about India and Indians but all the stock images that were used, were of non-Indians. @WION

[@arunishpaul]

India is made of two Indias- She is talking of the Affluent one which has the least population😅

[@RAJ-km8gw]

Yesss

[@ashishcollatz]

Govt changed rule for capital gain received from real estate, From 1st APR 2023 , capital gain above 10 cr in real estate is taxable now , before it there was no limit, so people wanted to take advantage of it , so expensive flats were booked to save capital gain

[@DhruvTatti8837]

This is simply the growing wealth divide between the Rich and Poor. I haven't seen any average Indian driving BMW or purchasing luxurious properties in DLF

[@IndianSummer1982]

You need to understand that what she is talking about is the top 0.5 % or even lower of the indian population. She conveniently forgot to mention that. The rest of the 99.5% cannot afford anything remotely considered luxurious like a bmw or 1/.5 lac per night hotel room.

[@sacmarv8997]

0.5 percent , that's almost 75 lakh people

[@IndianSummer1982]

@@sacmarv8997 So you are looking at the actual number? 7.5 million people? Then let's also look at the number of people below poverty line. Care to bring up that number? A safe modest estimate is that 30% of Indias population is below the government prescribed poverty line which is again an extremely modest limit. 30% means 450 million people which almost 1.4 times the population of USA. This makes India the poorest country in the world with the largest number of poorest people. If we take all this poor people and create a separate country for them and name it pooristan it will be the 3rd largest country by population after India and China.

[@rishabh798]

@@IndianSummer1982he lifestyle is Changing in India the maid who works at my house now sends her kid to a private school owns a scooter and lives in a better location with facilities so stop looking at India like it’s a country stuck in the 1900s. Many peoples life has been changing in the country. Though the main problems in India are cleaninness and urban infrastructure which will improve in a decade.

[@IndianSummer1982]

@@rishabh798 That is your maid and she may be well to do, you are only looking at things from your side, things aren't as simple as that.. the poor are still poor, progress and change has been slow and this is because we have a broken democracy where politicians only care to get votes and win elections, they don't have vision, they don't have foresight, all they care is about winning elections. Ours is a still a very poor country, a low income country with $2500 per capita income. When govt talk they only talk about gdp and not gdp per capita.

[@user-cs9uv4qc7z]

Everything is contextual. It cannot be generalized like Indians are splurging on luxuries. What is happening is that more poor are getting into the middle class or atleast lower middle class but there is a catch to it. The catch is huge subsidies food, medical, education given to the poor by Central and State governments. So while their incomes increase their spending stays the same or even reduced. The same is not true for the middle or upper middle class. Their incomes increases up to a point the direct taxes hit hard, upgrade in lifestyle increases expenditure (consider how much monthly maintenance you pay in that gated community high rise). So the middle incomes are stagnant, the 0.5% rich are getting richer, more poor are getting into middle class. Net result is that there is a danger of India becoming trapped as a middle income economy forever, with pockets of affluence amid poverty.

[@Demiamant]

Buying a 4000 rupee headphone instead of the 2500 one because I absolutely need it for reasons makes me feel like I am overspending. And then watching your video made me realise how poor I am lmfao.

[@vishalbaishya-gw5bm]

Realme airbuds 3 😆

[@TheAmd75]

😂

[@AYUSHCH164]

Bhenchod bhot gareeb hain ham to 😮😮😂😂

[@explore_desi]

Wion it's handful of people buying luxury whereas there are millions who still can't afford normal necessity things thanks to highest taxes in India

[@AkashRaj-lb1fg]

50000/- per night?...who is booking those rooms? I am sure it not hard earned money..

[@sacmarv8997]

for two nights....

[@parthshah6824]

Financial literacy is less, people don't understand how much % of their earnings they can spend. They're ending up spending most of their earnings.

[@f.ludovico3105]

ABB aren't really luxurious, unless you're buying the likes of the S-class/A8/7 series or AMG/RS/M. Don't define luxury so easily.

[@indianmilitary]

better than bullock carts which Indians used to rely on. 🤣🤣

[@dhananjaykumarravi7]

The Germans don't think of these brands as luxurious anyway too.

[@bratprat1]

They cost 2x-3x in India thanks to the taxes levied on them. We get an e200 for the price of a s560 abroad

[@HanumaOne]

Let's look at numbers in percentage, for example 8k+ people bought BMW so in terms of percentage it is only 0.00066% of Indians. India's population is 120crores

[@qwerty9797]

Lol, these are luxury goods and services. Let's just put it to perspective 6k units of a luxury car being sold in a nation with a population 140 crores. ~6,000/ ~1,400,000,000. This is the top 5% of India. A prime example of the rich getting richer.

[@rishabh798]

But it’s predicted that more Indians will be getting richer in the coming decade

[@SHREYAS19FEB]

People r working hard n giving tax. But wt govt doing? No roads, no electricity, no cleanliness, no fresh air. Cant even talk abt gardens. Rainy season started n eveything gone. Only big talk. Whr is smart city? Even basic city facility? Govt busy in buying MLS in Cr.

[@indianmilitary]

and giving 'tax"? Are u sure? 97% Indians still don't pay taxes. Business men definitely don't and their auditors work overtime to escape from taxes

[@tjohanne]

Western troll! Gov't doing good in supporting Russia.

[@user-pz6sx7ir1p]

you should clean toilets and help.

[@polyteky]

@@indianmilitary GST says Hi 🙂

[@rishabh798]

It looks like you live in a village

[@Nmax]

Good they Indians are getting richer and spending more. The Indian economy benefits. Next steps are to encourage manufacturing of things like toys, consumer, items R&D is critical. The government of India is in the right track....(they are spending 6 billion USD over the next 6 years for R&D)

[@wionporky9937]

Indian just pay a small deposit and expect full delivery. After that, they will find fault and delay payment, cut the agreed price. Eventually, India might reduced the order or even refused to pay. 😮 BYD is smart they have requested India pay in full before delivery 👍👍👍👍👍

[@8895962910]

@@wionporky9937 already rejected byd's plan to estd in uttarpradesh by GOI

[@nonika7115]

Majority of parents who passed during covid left huge saved, invested and insurance money behind. One of mine friend chilling and spend whereas i am sitting jealous. GenZ don’t believe in saving. They are spending easy money which is not earned by themselves.

[@Raghavendrabsrg]

1 lakh rupee per night hotel rate in Ahmedabad is only on few days of october 2023! It's because of IND vs PAK cricket match.. not the norm. Come on guys.

[@RAJ-km8gw]

Yeaaaah u are r8

[@mvkudva]

BMW sales in India are nothing to rave about. Sales of BMW in Malaysia, population 1/50th of India) were 15,000 units in 2022.

[@Girish9777]

they are not comparing with other countries they are telling how Indians are spending way more than they used to, it is not raving about anything.

[@Anoymous464]

An average Malaysian is 5 times richer than an average Indian.

[@asimbandyopadhyay8433]

There are also a substantial number of Indians who can't eke out a living. Rise of per capita income does not have any effect on them.What you have shown is the story of India but not Bharat.

[@ishowsports008]

Well they should Take a E Rickshaw on loan and drive. The people with Jobs do need better Public transport.

[@mlg1279]

Some states like Bengal are actually are on the decline. From second richest in 1950s, W. Bengal is today ranked 21st.

[@ankushmukherjee3219]

​@@mlg1279Was on the decline till 2011, not anymore but on average growth path

[@mlg1279]

@@ankushmukherjee3219 Is that why it is ranked 21st last year?

[@rishabh798]

@@mlg1279mamta banerjee failed your state 😢

[@Sk-po9dx]

I spent more as well but have more debt 😂 I've seen my poor neighbour working in bpo buying iPhone and Apple gadgets with emi. Another unemploy neighbour living in kacha house bought a brand new car with bank loan . It's much easier now a days to get loans and spend it like crorepati. But not everyone is sure how they'll payback those loans.

[@Mira-pm3ni]

This is actually true 😂

[@Hail_kindoms]

Yes this is true I purchase the house in 2020 at 40 lakh but now my house is value at 85 lakh. Sessh this is insane

[@SD_003]

And all I learnt from pandemic is life is so unpredictable, never leave loans for your family. So just closed car loan, home loan within next 2 years. 🤪

[@truth_seeker1517]

Everything is on debt.

[@thebeautifulanimal]

These are indicating that India is changing, same happened in 90's china❤

[@billa6526]

The main reason for their spending travel eating and all is to post on instagram youtube reels vlogs and to put a status on whats app etc..people imitate

[@Mira-pm3ni]

Exactly this is main reason behind spending . Most just spend through credit card .

[@tfernandes8786]

UN is right about India 🇮🇳👏👌👍✌🙏🌍 India lifted 415 million people out of poverty within 15 years, according to the UN. The achievement was highlighted in the latest update of the Multidimensional Poverty Index. 25 countries, including India, successfully halved their MPI values within the same timeframe.11-Jul-2023

[@N5cool]

The problem with luxury vehicles in 🇮🇳 is that roads in 🇮🇳 aren't suitable for cars like Audis, BMWs, Toyota Lexus, Mercedes-Benz, etc. or even for Harley Davidson motorcycles.

[@rishabh798]

Roads are and will improve so don’t worry we will get there

[@Sum_Ting_Wong]

If they're spending so much and your economy is booming then why are so many people leaving the country and going to places like the UK, USA and Canada? The UK alone took 285,000 Indians in 2022.....if your economy is booming then why not stay at home at take advantage?

[@shepherd4901]

She has bounded by boundaries to make safe her job...😂😂😂

[@manoharkotapati2957]

Its Modi hai to Mumkin hai happening in India

[@dbkwow]

I agree, I travelled around 121 days last year. Now, I feel that I went insane last year

[@arunprasad8606]

The “Why” part of the video is just last 1 minute, remaining all just random numbers

[@javaremastered1530]

1 month old news combined indigo puchase with real estate with match day terrific news combination

[@sacmarv8997]

care to elaborate

[@gauravwatchyoutube]

People are moving more into corporate jobs Earning lakhs per month So spending is also rising People are flexing

[@Mira-pm3ni]

Credit card

[@gauravwatchyoutube]

@@Mira-pm3ni yes

[@zaidkhan2565]

Top 1 Cr people don't represent India.................there are 140 crore more Indians who are struggling to afford many such items.

[@venkatmanian2256]

It’s appalling how we pat our backs. Just for comparison BMW sold 340,000 units in 2021 in USA. Compare that with 8500 in India. And it gets worse when you compare the population of 1.4 billion vs 340 million in the US. It’s like 160 folds greater. This when the GDP of USA is only like 10 times more than India!! And we are supposed to get happy and feel proud 😢 It’s like the moon launch wow we did it or did we ?, well it takes 40 days to get there , When Apollo missions 50 years ago took like 4 -6 days😅. No one asked because we are busy patting our back!!

[@coolscience622]

But India didn’t spend billions creating a massive powerful rocket like the Apollo where they shot it up aiming at the moon directly. India’s smaller space probe needs gravity assist to circle around the earth several times, only firing up it’s boosters hand full of times to increase it’s orbit after some days, it will be able to break free from earth’s gravitational orbit. Then finally head to the moon. India’s is cost effective but will take longer. It’s a bit more complex to do what India does to save money.

[@venkatmanian2256]

And it’s something to be proud of that we cannot spend billions and build a direct way to get there? Who’s fault is that. We have been around here for what now 5000 years only and a civilization that went there 200 years ago figured out 50 years ago how to get to moon in 4 days. Let’s pay our back hurray!!

[@coolscience622]

@@venkatmanian2256 Did you forget the loss of wealth and brutal islamic and british invasions that Indian subcontinent endured? British alone took $45 trillion out of India and left it in absolute poverty. The industralization of the west was built on deindustralization of India,. All of the funding to build America went from expeditions funded by stolen wealth from the east. American economy was build by slaves labor at no extra cost, practically free slave labor. Took awhile for India to build back up especially when it was run by corrupt british agents left behind like the Gandhi- Nehru congress. Now we finally have a true nationalistic government trying to speed up the process. At least India is trying and achieving feats on a budget, which is gradually bringing in more revenue to go for larger projects. Gotta appreciate that than always sulking in a corner like a sore loser, not trying at all.

[@darthsorosious3985]

So true

[@arpanrana8814]

not gonna lie but i have seen my friends and relatives and even myself to some extent that we indians have actually started to spend a lot compare it to like 5 yrs back

[@sumitlehri5704]

India has become the service hub for world..Every global company is outsourcing service from india coz of cheap labour cost over here.

[@GPInvest-cf2oy]

This video is applicable only to 3 or 4% of the Indian population. Rest of the 96% are struggling with price rise and high inflation. Talk about the number of people slipped into poverty post pandemic, number of businesses closed because of demonitization and pandemic...

[@ayush8684]

And what about credit card .ratio increasing rapidly

[@VISHVESH_REALESTATE]

Short, concise & to the point. Subscribed!!

[@aginchackacherry9234]

Will it lead to inflation?

[@sunitshanbhag9536]

Totally missed it , the trend for splurging spree is becoz TDS ON Credit Card expenses has been further postponed

[@crsprakash1962]

Purchasing power of people in India has increased, it is as simple as that.

[@hariarumugam2611]

At the same time we are indians facing a tough time for buying tomatoes now a days ha ha ha 😅😅😅

[@tjohanne]

Western bot!

[@user-pz6sx7ir1p]

you should ask dmk to give free tomatoes just like free cooker etc.

[@rramesh1912]

I think I earn less 😢 50k mostly not enough to fulfill all this said desires 😢

[@x2vl0ee51]

You can live happily with a tata car. Don't feel sad. Even if you get a BMW car in future you will want more

[@subodhupadhye69]

Desires, will not allow you to live with happiness and satisfaction

[@rramesh1912]

@@x2vl0ee51 that's correct 😍

[@rramesh1912]

@@subodhupadhye69 true Well said 👏

[@SunLake-pr1di]

TCS still hiring people at 3.5 LPA 😅😆

[@gotislay]

Madam, India is full of middle class and aspirants to get into middle class. They cannot buy these luxury cars and book expensive hotels. Select few can do that. Talk about middle class madam not rich. What's the use of talking about rich? Are you a marketing company for rich in India? Middle class wants better public transport systems mam. If anyone hop on to a bus or train he has to get a seat to sit. But in India many times, it gets choked, people sleep on floors. We cannot afford to maintain bmw mercedes mam. Lets talk about relevant issues. Luxury people have marketing companies to market themselves.

[@user-pz6sx7ir1p]

you should make a show for them and everybody will watch it and then you will become rich and buy a bmw.