Very true, Starbucks won't last in a competitive and inflationary environment like we have now. Either they change tracks soon, or they exit within 2-3 years. 
  
 One can live without premium coffee. And there are many options these days for coffee as well. They don't offer anything that the average Indian consumer wants.

Generalist

Blue tokai and third wave have better coffees and cheaper

Product Designer

Most brands aren't built for average salary 
Nike, Adidas, Apple, Levis etc. etc. 

There is a large enough TAM of people who can afford 300 rupees coffee, but unfortunately it stops at some point. Starbucks just can't expand beyond top 20-30 cities today.

Maybe tomorrow.

Corporate Strategist

Most people in this country are on debt in one way or the other. IT companies pay 25000 per month in a city where PG accommodation costs you 10k per month. Government is increasing tax every year f...

Most people in this country are on debt in one way or the other. IT companies pay 25000 per month in a city where PG accommodation costs you 10k per month. Government is increasing tax every year for the middle class (which is the majority of the population). So, how can people afford a 300 rupee coffee?

Most people go to Starbucks in an attempt to try something new.

How can you buy a 300 rupees coffee in a country where an average salary is 25000/month?

Analyst

How can you buy a 300 rupees coffee in a country where an average salary is 25000/month?- Grapevine

For the past year, I've been living in a tier 1 city, specifically Mumbai and Bangalore. In my social circle, I've noticed that, on average, graduates earn around 40,000 rupees per month, while post-graduates earn around 60,000 rupees per month.

However, living in these cities costs a minimum of 15,000 rupees per month for a single person. On the other hand, I've observed that local or migrant people from states like Assam, UP, WB, Bihar, and Odisha, who have only completed 10th grade, are earning an average of 50,000 rupees per month. They work in various roles such as salon services, AC repair, bathroom cleaning, painting, and massage. Even individuals working as Uber drivers, Rapido riders, Swiggy delivery partners, or in similar jobs can earn around 40,000 rupees per month.

PS:- I am not jealous of people earning much despite less education, i respect their hardwork.

Maybe our education system / society needs to focus more on life skills and treat every job with equality. 

Coming from a conservative village where education is highly respected and valued, I feel confused. It seems that money is the most important factor in today's world, despite the emphasis placed on education.

Money 💰 is everything 🚶.

Is Higher education still worthy?

Category manager

Welcome to Personal Finance's Private Community

A decent burger or Small pizza on Zomato is Rs 300+; A coffee at Starbucks is now 450; Movie tickets are 400; the average cost of a weekend drinks and dinner with friends is above 2K; Lets not even talk about how expensive rent is right now. It feels like the cost of everything is just rising and salaries are not growing fast enough to make up for the rising costs

A rant: Things have become way too expensive

Money is everything?

Isro pays 60k-95k to fresher engineers... Still IITians are not joining.

Slogging for Western Mnc is the only desire of IITians?

Comments and solutions??

https://www.businesstoday.in/latest/story/iitians-not-joining-isro-60-students-walked-out-of-recruitment-drive-after-seeing-pay-structure-s-somanath-401614-2023-10-11

IITians not ready to work at ISRO at 5digit monthly salary.

Senior Consultant

I would like to know monthly expenses for a family of 3, husband, wife and an infant in bangalore... Considering a decent upper middle class lifestyle..

Monthly expenses for family of 3

Software Engineer

Welcome to Office Gossip's Private Community

I’ve been working as a SWE for GE in Bangalore for nearly two years. First of all the WLB and culture here is incredible. I honestly can’t believe how great the WLB is over here, I work maybe 20 hours a week on average and am rarely ever stressed about anything. They’re not strict about WFO so I can chill at home most of the time. No fixed timings and I also get a ton of leaves. There’s no micromanagement and the culture is chill and professional. Perks are about average for any large MNC. We have a beautiful company campus with plenty of car parking space for everyone.

Obviously your mileage may vary depending on the your team, it’s possible I just got lucky.

The only con is that the pay is shit. Fresher SWEs are paid around 12 LPA while seniors might earn around 30. Not possible to earn 60+ unless you’re in a leadership position.

My review of GE in Bangalore

I just want to vent out! Many businesses are earning double than me and paying less than 50% of tax and yet here I am as a professional bound to pay tax. And that’s not enough, I still can get audited!

Paying 29L as tax this year!!

Consultant

I don't think my lifestyle is extravagant, but it feels like 30k barely covers rent, commute, and groceries. According to what I've heard and read, living costs in metros make it hard to get by on this amount. I’m genuinely curious to know how others are coping and saving (if it's even possible)

Grapeviners earning less than 30k a month in metro cities, how are you managing?

Welcome to Software Engineers's Private Community

I am earning lakh rupees a month(excluding my monthly expenses as a single). but  when I think about buying a house (2bhk around 7.5 to 8 hundred sqft) in a city like Pune/ Banglore. I feel I will not be able to afford it considering other expenses (along with 60 k emi). but when I see people with a salary of 50-60k per month buying the same houses. how are these people planning it out? and most of the people earn between 30-60k how you guys are planning it? how should I plan this for myself? and 20 years of repaying the loan. i feel it's a trap.

House property prices in metro and semi metro cities?

Software Developer

I know this is very vague bordering on stupidity, but for a single guy to survive in Bangalore, what is like the average monthly expense etc, if planning to stay in a small house while eating outside

Does an average Software Engg job cross that threshold

How much does a person need to earn in bangalore

Welcome to Business Roles's Private Community

Considering a fresher who will need to do a masters abroad (MiM/Masters not MBA as it needs work ex) with a loan vs a fresher who will start working right after UG in Consulting or Finance
Considering the PPP, and also considering that it is a golden decade for India
How will it look for these two different routes? Would love to hear your opinion/suggestions

Where can one earn the most? India vs Abroad

As most of the people here  are working in corporates and most of them belong to the top 1% , i want to know the opinion of this segment of people about the modi government as problems faced by these people are totally different from the other population . Has the Modi government helped in growing businesses in any form ?

One of my friends got an offer during campus placements with a good base pay, later his offer was postponed without clear doj, now he got another offer after 8 months of struggle with a very low salary, now he is getting calls from different startups tho they are good paying companies due to his lower pay rn they are not willing to pay much, what should be the better option he should follow ? He is very good enough in tech among all of us and he is from tier 1 college...

Suggest a best path

I cannot understand people who have a large salary but still crib about wanting more and more salary. 
I mean shut up and go do something good for your family or friends or yourself with your money. 

More money is not going to bring you happiness. Making good use of what you already have will. 

Stop with the 1960s Indian mindset of saving up all your money inside a freakin locker/bank

Rant: People who have large salaries but still unhappy

Product Manager

Seems like since last year the focus of government has shifted from actually making beneficial policies to enable innovation and growth of India to just collecting taxes blindly. 

They just want to harvest tax in as many ways possible and kill the middle class person.

First it was crypto. 

Then us salaried individuals started receiving notices. 

Then they levied 28% GST on online gaming. 

Now they are also checking proofs for HRA allowance and other stupid stuff which wasn't done before. 

I was wondering why there is a sudden increase in such incidents? Is the government hiding something? Are they running out of money?

Or are they just smoking weed just like us and making stupid rules?

Nirmala tai is looting us

How expensive is it to live in Bangalore? Will have to shift in a few months. Also is there in positive effect in commute since purple line metro started?

How expensive is it to live in Bangalore?

Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?

How can you buy a 300 rupees coffee in a country where an average salary is 25000/month?

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