So 840M that live on more than $2 a day, then. That's around the combined population of the US and Europe.

The median per capita income in India is around $650. That places them around #100 in the world in that regard.

The bottom billion people in India have less disposable income than the five million people living in Norway.

You would also need to put into consideration cost of living. $650 would go a long way in India.

What about the top 200 million?

Much like China, the top 100 or 200 million can be a very lucrative consumer market, absolutely.

You are thinking short term.

I recognize India's potential, but my answer was about the near term indeed, a 5 to 10 year window. I personally wouldn't value a company further out than that.

GDP (USD)...population...per-capita GDP

US.......15.68T......313M.....$49,965

UK.........2.44T.......63M.....$38,514

China.....8.23T...1,351M.......$6,091

Nigeria....262b......168M......$1,555

India......1.82T...1,237M......$1,489

https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&...!