ajay124
Well-Known Member
I was speaking to an audio dealer in the morning, on the phone, and he lamented that there was NO market for two channel audio in his city (one of the 5 metros).
How big is the two channel audio market in India? Does it make financial sense for any midfi or hifi brand to set up shop in India? There seems to be a market for brands like Marantz, Nad, CA, Wharfedale, based purely on their affordability. A 100K budget for a stereo set up comprising of source+amp+speakers+cables, seems to be within the realms of possibility.
But are there sufficient number of Indians with the budget and the inclination to support brands which cost more? Will the iPod generation ever buy difficult to source, difficult to service, difficult to maintain 'white elephants'? Will the stratospheric rise in real estate prices, make space such a scarce commodity, that even people who have the money and inclination, will not have the space to house a big amp and speakers.
Will HIFI become a casualty of the rapidly worsening economic downturn in markets which have traditionally supported it? Will the HIFI industry be able to survive a l-o-n-g recession?
How big is the two channel audio market in India? Does it make financial sense for any midfi or hifi brand to set up shop in India? There seems to be a market for brands like Marantz, Nad, CA, Wharfedale, based purely on their affordability. A 100K budget for a stereo set up comprising of source+amp+speakers+cables, seems to be within the realms of possibility.
But are there sufficient number of Indians with the budget and the inclination to support brands which cost more? Will the iPod generation ever buy difficult to source, difficult to service, difficult to maintain 'white elephants'? Will the stratospheric rise in real estate prices, make space such a scarce commodity, that even people who have the money and inclination, will not have the space to house a big amp and speakers.
Will HIFI become a casualty of the rapidly worsening economic downturn in markets which have traditionally supported it? Will the HIFI industry be able to survive a l-o-n-g recession?