This is an amazingly inspiring story, I love the entrepreneurial spirit and dedication of Mr Muruganantham.
However, there is a bigger story hiding behind this personal triumph. It's clear that people living in impoverished areas are not in a position to buy sanitary products at market rates (being sold at a margin of 4000% or more). But for example many do have access to cheap raw materials. It makes a ton of sense to simply make that stuff locally for a fraction of the cost, and with that comes a much greater independence for those poor regions. Let's hope that in time this becomes a trend that expands to many industries.
However, there is a bigger story hiding behind this personal triumph. It's clear that people living in impoverished areas are not in a position to buy sanitary products at market rates (being sold at a margin of 4000% or more). But for example many do have access to cheap raw materials. It makes a ton of sense to simply make that stuff locally for a fraction of the cost, and with that comes a much greater independence for those poor regions. Let's hope that in time this becomes a trend that expands to many industries.