Guesstimate the number of washing machines sold in India in a year

Product Management Interview Series: Guesstimates

Key Assumptions:

1. Population of India 1.4Bn

2. Segmentation-

   1. Tier I: 20%

   2. Tier II & II: 15%

   3. Villages: 65%

3. Avg. life of washing machine: 10yrs

4. Growth of the industry: 5%