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komocsi

> Outside China, India is one of the largest single market

Having a large population (without purchasing power) isn't enough to call a region one of the largest single market in the world.

China and India have growing middle class but 95% of their population still have no savings, these people only spend on food and household.

The largest single market in the world is the European Economic Area, the second largest is the United States (+ Canada and Mexico), all other markets are incomparable from these two developed markets because the difference is so large.