Do not look at the author's post from an internet product standpoint. India has an overall internet penetration of 11% and a the % of people who do actual commerce via the web would be about 2%. "Good" Internet products originating from India are extremely few..countable using your fingers.
So yes, not an attractive market for the average HNer.
But if you are interested in hacking life...India is the place to be. The author goes on to point out the example of Amul (http://en.wikipedia.org/wiki/Amul)
It is a co-operative firm (kinda like a non-profit) that generated $2.5 Billion in yearly revenues and has become one of India's most trusted brands.
What is moot is the way that it has not only helped local farmers and lifted the living standards for millions of Indians but has also gone on to generate truck-loads of revenue. It is quite an innovative but a very simple idea at the end of it.
THAT is Hacking Life...and that India needs a lot more of. Customers guaranteed.
But if you are interested in hacking life...India is the place to be. The author goes on to point out the example of Amul (http://en.wikipedia.org/wiki/Amul) It is a co-operative firm (kinda like a non-profit) that generated $2.5 Billion in yearly revenues and has become one of India's most trusted brands. What is moot is the way that it has not only helped local farmers and lifted the living standards for millions of Indians but has also gone on to generate truck-loads of revenue. It is quite an innovative but a very simple idea at the end of it.
THAT is Hacking Life...and that India needs a lot more of. Customers guaranteed.