$4.31 Price Target, page-103

  1. 23,354 Posts.
    lightbulb Created with Sketch. 909
    i work on basic maths

    600 m smartphones in India

    1,500 m people in India

    so 1 smartphone for every 2.5 people

    the average Indian house size contains just under 5 people, the median just under 6 as per 2021


    So the average house has 2 smartphones in it

    Everyone has some access to the internet, to shop if they want to, via someone in their house, if they have mobile reception

    Of course there are exceptions, there always is, but these are basic generalisations


    PS you should post on more than 1 stock, the general rule of thumb is if you post on under 3 stocks you are a company stooge/plant
 
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