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๐Ÿ›’ What โ‚น74.5 Lakh Crore Tells Us

Reading India's spending like a term sheet

Hey there!

Itโ€™s Sparsh here!๐Ÿ‘‹ 

A chart showing how 100 Indian cities spend their money reveals more about India's next decade of consumer businesses than most pitch decks do. ๐Ÿ—„๏ธ

@vijayshekhar pointed out that this spending pattern is exactly what's fueling D2C brands and e-commerce in India right now. ๐Ÿ“Š 

Here's what founders and investors on both sides of the India US corridor should take from it. ๐Ÿ‡ฎ๐Ÿ‡ณ

Letโ€™s dive in to know more.๐Ÿš€

๐Ÿฅ— Food Still Runs the Show

Three categories alone account for nearly three quarters of all consumer spending across these cities. Any company solving a real problem in food, shelter, or mobility has a genuinely large addressable market to work with. ๐Ÿ“Š

๐ŸŽฏ The Fastest Way to Learn Something You Have Never Done

๐Ÿ”ธ Fruits and vegetables lead at 20 percent
๐Ÿ”ธ Dairy follows closely at 17 percent
๐Ÿ”ธ Packaged food sits at 16 percent
๐Ÿ”ธ Beverages take up 12 percent
๐Ÿ”ธ Cereals and meat, egg, and fish are tied at 10 percent each
๐Ÿ”ธ Edible oil and pulses sit at 4 percent each

Fresh categories like produce and dairy still dominate over packaged and processed food, and that tells founders exactly where the room to build actually is. ๐Ÿฅ›

๐Ÿš€ Why This Matters For Founders Building The India US Bridge

If you're sourcing from India for US demand, or bringing US retail thinking into India, this gap is the opportunity worth studying closely. ๐ŸŒฑ

None of this means chasing every category blindly. It means building conviction around the slices structurally set up to grow, before the rest of the market catches on. ๐Ÿ”

๐Ÿงฉ The Takeaway For Everyone Watching This Space

โžคThis isn't just a spending chart, it's a fairly honest picture of where Indian consumers are today and where they're likely headed next. โฉ

โžคFood, housing, and mobility will keep anchoring the base, but the real opportunity sits in the categories still waiting to be branded, organized, and built for scale. ๐Ÿก 

โžคFor founders and investors working across the India US corridor, the message is simple. Follow where the money already flows, then look closely at which parts of that flow are still unclaimed. ๐ŸŒ

Thatโ€™s me when I see you refer! You can forward this email and ask them to click the link ๐Ÿ™๐Ÿ™.

I pour my heart into crafting this email every week for free. It would mean the world to me if you could share Rustic Flute with just one person you think would love it, too.

โ

It has been a pleasure! I will see you next week. Until then, Stay motivated! Stay strong! Cheers!

-Sparsh

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