Still No Access to Product and Services at BOP: Tata

Wednesday, December 15, 2010

AHMEDABAD: Seeking to address the issue of challenges to inclusive growth in emerging economies, Tata Group Chairman Ratan Tata today said that at the Bottom of the Pyramid (BOP) people are still not having access to product and services, as they are still slightly beyond their reach.

“India is a country normally referred to the consuming markets of 253 million people. And when we analyse that market we see with the prosperity that India is enjoying today there is an upward movement of people into the consuming market,” Ratan N Tata said in a video recorded message shown at the international conference on challenges to inclusive growth in the emerging economies organised at IIM-A, in memory of late Prof CK Prahlad here.

Source: The Economic Times (link opens in a new window)