In the Indian market, there are several locally developed products that have gained significant popularity among consumers. One notable example is the UPI payment system, which has revolutionized digital transactions across the country. Developed by the National Payments Corporation of India, UPI allows users to transfer money instantly between bank accounts using a mobile device.
Another prominent Indian product is the Aarogya Setu mobile application, which was launched during the COVID-19 pandemic to help track and prevent the spread of the virus. The app uses Bluetooth and location data to alert users if they have been near someone who tested positive for COVID-19.
In the e-commerce sector, platforms like Flipkart and Snapdeal have become household names. These Indian-born companies compete with global giants by offering a wide range of products tailored to local preferences and providing services in multiple regional languages.
The Indian automotive industry has also produced successful local products such as the Tata Nano, once marketed as the world\“s cheapest car, and Mahindra\“s range of utility vehicles that are specifically designed for Indian road conditions and consumer needs. |
