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|29th August 2010, 17:36||#16|
Join Date: May 2008
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|29th August 2010, 20:29||#17|
Join Date: Sep 2009
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We are approximately five-seven years behind the Chinese in the economic curve. Our premium section is now growing fast - in line with better profits for entrepreneurs and salaries for our executives - who will plonk their cash for a bit of premium metal - for the snob value plus performance.
Also, greater competition, greater offtake, domestic assembly, combined will lead to more competitive (read more affordable) pricing, relatively speaking. Greater incomes at the hands of the upper middle classes ( and down the line too) will lead to fulfilling the demand which has been there since 1947 to 1991 and beyond.
The one thing our hypocritical netas and their babus forget is that the rich already have their toys (regardless of the political or the economic system prevailing).
Let the middle classes have their day. The classes below are also in the queue and getting restive
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