… and are being pushed, they are outsized in terms of discretionary income and in terms of raw numbers by the chinese emerging upper middle class. And in that case, also India has an emerging upper middle class that simply dwarfs the spending of our working families. So food is going to go to them first. The produce, the protein, the nutrition, the dietary diversity is going to go to those who can afford it. (52:47–52:56)
CLAIM
Asserts that India's emerging upper middle class has spending power that dwarfs that of American working families.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
