Tuesday, February 22, 2011

"...the growth in the number of middle class households will translate into huge demand for the products such as cars, televisions, computers, air-conditioners, microwave ovens and credit cards, he added."

India's middle class population to touch 267 million in 5 yrs

This article I found interesting in regards to India's exponential growth and expanding consumer base. With this expanding base, one will expect to see India needing an impressive amount of raw material to keep this middle-class satisfied. Food security is not explicitly spelled out in the article, however, I find it implied in that India cannot simply sustain such growth without either making large-scale changes in its food production supply chain, or increasing its imports from other countries.

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