{"id":31299,"date":"2022-10-11T15:55:09","date_gmt":"2022-10-11T10:25:09","guid":{"rendered":"https:\/\/plyinsight.com\/?p=31299"},"modified":"2022-10-11T15:58:02","modified_gmt":"2022-10-11T10:28:02","slug":"the-sale-of-expensive-products-instead-of-cheap-is-increasing","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/the-sale-of-expensive-products-instead-of-cheap-is-increasing\/","title":{"rendered":"The sale of expensive products instead of cheap is increasing"},"content":{"rendered":"

The wind of luck is sometimes soft and sometimes hot, but if people’s expenses keep increasing, then the wheel of progress will continue to move. Customers of small cars, low-cost bike-scooters have gone missing in India. The demand for cheap mobile handsets is breaking down. Affordable housing sales are not increasing.<\/span><\/p>\n

Vehicles: In the last four years, sales of entry-level cars have declined by 25%. The demand for SUVs and expensive (above one million) cars has increased. In the quarter of June 2022, sales of affordable (110 cc) bikes fell by 42%. According to SIAM, two-wheeler sales in India fell to a ten-year low in FY22.<\/span><\/p>\n

Mobile-Counterpoint Research’s report and industry data show that mobile sales up to Rs 10,000 have shrunk by almost 25%. Mobile handsets have become expensive due to the shortage of parts. Even after increasing the trend of online education, cheap Smartphone’s did not sell.<\/span><\/p>\n

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Even after increasing the trend of online education, cheap Smartphone’s did not sell.<\/strong> <\/em><\/span><\/p>\n

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Home-property consultant Ana rock reported that the demand for high-end homes (above 15 million) doubled in total home sales in the first half of 2022. In 2019, the share of luxury homes in home sales was only 7 per cent during the year. Of the 2.36 lakh new houses launched in 2021 in 7 major cities of the country, 63 per cent are in the mid, high-end segment (40 lakh and 1.5 crore). The share of affordable housing in new housing projects has come down to 26 per cent from 40 per cent in 2019.<\/span><\/p>\n

The housing recession started in 2017. In 2017 (Knight Frank report) after demonetization, house sales declined by 7 per cent and new projects were launched by 41 per cent. House prices did not drop. Due to the failure of GST, NBFC crisis, lack of demand and low income, about 6.29 lakh houses were waiting for customers here till the arrival of Covid. A large population may not have the ability to buy a house, but the share of construction in the Indian economy is 15 percent (2019), which is more than 21 big countries like America, Canada, France, Australia (not including China). It is the biggest source of employment after agriculture.<\/span><\/p>\n

Before Covid, it was told that automobiles, mobile phones and houses are the engines of employment and progress. The car market in India (22 cars per 1000 people) is small. Two wheelers were also owned by 49 percent of the households. Despite this, automobiles accounted for 49% of India’s manufacturing and 7.5% of GDP by 2018. About 32 lakh jobs were being generated from here. Along with ancillary industries and services, the Indian automobile industry in 2018 was ranked fourth in the world with a valuation of $100 billion.<\/span><\/p>\n

Decline in sales of cheap phones will affect the demand for digital services. After the arrival of 5G, this market will be focused on expensive phones and expensive service.<\/span><\/p>\n

India’s emerging market was centered on the middle class, with new families joining in. This middle class has been the mascot of every miraculous story of India in the last 25 years. 80 percent of the middle class is urban and 60 percent of GDP comes from their consumption. BCG estimates that this segment has created a consumption-economy of around Rs 83 trillion. But Pew Research reported in 2020 that about 30 million people in India were out of the middle class due to the impact of Covid. Are the sales of cars, houses, mobiles broken because of these?<\/span><\/p>\n

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\u0915\u094b\u0935\u093f\u0921 \u0938\u0947 \u092a\u0939\u0932\u0947 \u0924\u0915 \u092c\u0924\u093e\u092f\u093e \u091c\u093e\u0924\u093e \u0925\u093e \u0915\u093f \u0911\u091f\u094b\u092e\u094b\u092c\u093e\u0907\u0932, \u092e\u094b\u092c\u093e\u0907\u0932 \u092b\u094b\u0928 \u0914\u0930 \u092e\u0915\u093e\u0928 \u0939\u0940 \u0930\u094b\u091c\u0917\u093e\u0930 \u0914\u0930 \u0924\u0930\u0915\u094d\u0915\u0940 \u0915\u0947 \u0907\u0902\u091c\u0928 \u0939\u0948\u0902\u0964 \u092d\u093e\u0930\u0924 \u092e\u0947\u0902 \u0915\u093e\u0930\u094b\u0902 (\u092a\u094d\u0930\u0924\u093f 1000 \u0932\u094b\u0917\u094b\u0902 \u092a\u0930 22 \u0915\u093e\u0930\u0947\u0902) \u0915\u093e \u092c\u093e\u091c\u093e\u0930 \u091b\u094b\u091f\u093e \u0939\u0948\u0964 \u0926\u094b\u092a\u0939\u093f\u092f\u093e \u0935\u093e\u0939\u0928 \u092d\u0940 49 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u092a\u0930\u093f\u0935\u093e\u0930\u094b\u0902 \u0915\u0947 \u092a\u093e\u0938 \u0925\u0947\u0964 \u0907\u0938\u0915\u0947 \u092c\u093e\u0935\u091c\u0942\u0926 2018 \u0924\u0915 \u0911\u091f\u094b\u092e\u094b\u092c\u093e\u0907\u0932 \u092d\u093e\u0930\u0924 \u0915\u0940 \u092e\u0948\u0928\u094d\u092f\u0941\u092b\u0948\u0915\u094d\u091a\u0930\u093f\u0902\u0917 \u092e\u0947\u0902 49 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0914\u0930 \u091c\u0940\u0921\u0940\u092a\u0940 \u0915\u093e 7.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u0939\u093f\u0938\u094d\u0938\u093e \u0932\u0947 \u091a\u0941\u0915\u093e \u0925\u093e\u0964 \u0915\u0930\u0940\u092c 32 \u0932\u093e\u0916 \u0930\u094b\u091c\u0917\u093e\u0930 \u092f\u0939\u0940\u0902 \u0938\u0947 \u0928\u093f\u0915\u0932 \u0930\u0939\u0947 \u0925\u0947\u0964 \u0938\u0939\u093e\u092f\u0915 \u0909\u0926\u094d\u092f\u094b\u0917\u094b\u0902 \u0935 \u0938\u0947\u0935\u093e\u0913\u0902 \u0915\u0947 \u0938\u093e\u0925 2018 \u092e\u0947\u0902 \u092d\u093e\u0930\u0924\u0940\u092f \u0911\u091f\u094b\u092e\u094b\u092c\u093e\u0907\u0932 \u0909\u0926\u094d\u092f\u094b\u0917 100 \u0905\u0930\u092c \u0921\u0949\u0932\u0930 \u0915\u0947 \u092e\u0942\u0932\u094d\u092f\u093e\u0902\u0915\u0928 \u0915\u0947 \u0938\u093e\u0925 \u0926\u0941\u0928\u093f\u092f\u093e \u092e\u0947\u0902 \u091a\u094c\u0925\u0947 \u0928\u0902\u092c\u0930 \u092a\u0930 \u092a\u0939\u0941\u0902\u091a \u0917\u092f\u093e \u0925\u093e\u0964<\/span><\/p>\n

\u0938\u0938\u094d\u0924\u0947 \u092b\u094b\u0928 \u0915\u0940 \u092c\u093f\u0915\u094d\u0930\u0940 \u0918\u091f\u0928\u0947 \u0938\u0947 \u0921\u093f\u091c\u0940\u091f\u0932 \u0938\u0947\u0935\u093e\u0913\u0902 \u0915\u0940 \u092e\u093e\u0902\u0917 \u092a\u0930 \u0905\u0938\u0930 \u092a\u095c\u0947\u0917\u093e\u0964 5\u091c\u0940 \u0906\u0928\u0947 \u0915\u0947 \u092c\u093e\u0926 \u0924\u094b \u092f\u0939 \u092c\u093e\u091c\u093e\u0930 \u092e\u0939\u0902\u0917\u0947 \u092b\u094b\u0928 \u0914\u0930 \u092e\u0939\u0902\u0917\u0940 \u0938\u0947\u0935\u093e \u0935\u093e\u0932\u094b\u0902 \u092a\u0930 \u0915\u0947\u0902\u0926\u094d\u0930\u093f\u0924 \u0939\u094b \u091c\u093e\u090f\u0917\u093e\u0964<\/span><\/p>\n

\u092d\u093e\u0930\u0924 \u0915\u093e \u0909\u092d\u0930\u0924\u093e \u092c\u093e\u091c\u093e\u0930 \u092e\u0927\u094d\u092f \u0935\u0930\u094d\u0917 \u092a\u0930 \u0915\u0947\u0902\u0926\u094d\u0930\u093f\u0924 \u0925\u093e, \u091c\u093f\u0938\u0938\u0947 \u0928\u090f \u092a\u0930\u093f\u0935\u093e\u0930 \u0936\u093e\u092e\u093f\u0932 \u0939\u094b \u0930\u0939\u0947 \u0925\u0947\u0964 \u092f\u0939\u0940 \u092e\u0927\u094d\u092f \u0935\u0930\u094d\u0917 \u092c\u0940\u0924\u0947 25 \u0938\u093e\u0932 \u092e\u0947\u0902 \u092d\u093e\u0930\u0924 \u0915\u0940 \u092a\u094d\u0930\u0924\u094d\u092f\u0947\u0915 \u091a\u092e\u0924\u094d\u0915\u093e\u0930\u0940 \u0915\u0925\u093e \u0915\u093e \u0936\u0941\u092d\u0902\u0915\u0930 \u0930\u0939\u093e \u0939\u0948\u0964 80 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u092e\u0927\u094d\u092f \u0935\u0930\u094d\u0917 \u0928\u0917\u0930\u0940\u092f \u0939\u0948 \u0914\u0930 60 \u092a\u094d\u0930\u0924\u093f\u0936\u0924 \u091c\u0940\u0921\u0940\u092a\u0940 \u0907\u0928\u094d\u0939\u0940\u0902 \u0915\u0940 \u0916\u092a\u0924 \u0938\u0947 \u0906\u0924\u093e \u0939\u0948\u0964 \u092c\u0940\u0938\u0940\u091c\u0940 \u0915\u093e \u0906\u0915\u0932\u0928 \u0939\u0948 \u0915\u093f \u0907\u0938 \u0935\u0930\u094d\u0917 \u0928\u0947 \u0915\u0930\u0940\u092c 83 \u091f\u094d\u0930\u093f\u0932\u093f\u092f\u0928 \u0930\u0942\u092a\u090f \u0915\u0940 \u0916\u092a\u0924-\u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0924\u0948\u092f\u093e\u0930 \u0915\u0940 \u0939\u0948\u0964 \u092e\u0917\u0930 \u092a\u094d\u092f\u0942 \u0930\u093f\u0938\u0930\u094d\u091a \u0928\u0947 2020 \u092e\u0947\u0902 \u092c\u0924\u093e\u092f\u093e \u0915\u093f \u0915\u094b\u0935\u093f\u0921 \u0915\u0940 \u092e\u093e\u0930 \u0938\u0947 \u092d\u093e\u0930\u0924 \u0915\u0947 \u0915\u0930\u0940\u092c 3 \u0915\u0930\u094b\u095c \u0932\u094b\u0917 \u092e\u0927\u094d\u092f \u0935\u0930\u094d\u0917 \u0938\u0947 \u092c\u093e\u0939\u0930 \u0939\u094b \u0917\u090f\u0964 \u0915\u094d\u092f\u093e \u0907\u0928\u0915\u0947 \u0915\u093e\u0930\u0923 \u0915\u093e\u0930, \u092e\u0915\u093e\u0928, \u092e\u094b\u092c\u093e\u0907\u0932 \u0915\u0940 \u092c\u093f\u0915\u094d\u0930\u0940 \u091f\u0942\u091f \u0917\u0908 \u0939\u0948\u0902?<\/span><\/p>","protected":false},"excerpt":{"rendered":"

The wind of luck is sometimes soft and sometimes hot, but if people’s expenses keep increasing, then the wheel of progress will continue to move. Customers of small cars, low-cost bike-scooters have gone missing in India. The demand for cheap mobile handsets is breaking down. Affordable housing sales are not increasing. Vehicles: In the last […]<\/p>","protected":false},"author":1,"featured_media":31301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3452],"tags":[3462,984,1690,2679,1275,1205,1349,1859,1588,3463,1858,1022,1167,1463],"class_list":["post-31299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-october-news-22","tag-chip","tag-covid","tag-demand","tag-expensive","tag-home","tag-house","tag-indian","tag-million","tag-mobile","tag-phones","tag-population","tag-product","tag-property","tag-sales"],"yoast_head":"\nThe sale of expensive products instead of cheap is increasing - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/the-sale-of-expensive-products-instead-of-cheap-is-increasing\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The sale of expensive products instead of cheap is increasing - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The wind of luck is sometimes soft and sometimes hot, but if people’s expenses keep increasing, then the wheel of progress will continue to move. Customers of small cars, low-cost bike-scooters have gone missing in India. The demand for cheap mobile handsets is breaking down. Affordable housing sales are not increasing. 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