5. In INDIA mostly target market belongs from rural.(70%) L.G. - All places other than the 7 metros Nabard .- All locations with a population up to 10000 considered “rural”
6. According to late C.K PRAHALAD(GURU) FUTURE BELONGS TO THOSE COMPANIES WHO SEE RURAL AND POOR AS THEIR CUSTOMERS.
7. Size of the market Largely Untapped Too crowded Urban Market Reasons for Going Rural Income on the rise/disposable income Income from other than agriculture Income flow from urban /abroad Better exposure - media
20. FACTS ABOUT RURAL MARKET The average Monthly per capita Consumer Expenditure (MPCE) for rural areas is Rs 495 and that for urban areas is Rs 914. 93% people in Rural Area live in their own houses as comparative to 61% of Urban. Food Expenditure in Rural Area is 56% as in Urban it is 44%. 9 in 10 Rural households use branded washing powder or cakes 2 in 5 uses more than 1 brand of soap
21. OPPORTUNITIES Infrastructure improving rapidly Rural literacy level improved from 36% to 59% In fifty years only 40% villages have been connected by road