Indians In Madagascar Make Up 1% Of Population But Control 50% Of Economy

Indians are the market dominant minority of Madagascar. They control most of the Madagascar’s commerce. They remind me of the Igbos of Nigeria, who control most of Nigeria’s commerce. Or the Chinese minority in Malaysia who control Malaysia’s commerce.

But in the case if the Igbos, they are a majority. In every Nigerian state outside Igbo Land, after the indigenes, the other major population are the Igbos.

Market dominant groups like the Igbos in Nigeria and the Indians in Madagascar have to actively invest in philanthropy, to create goodwill.

This is because it has been proven that such economic status breeds a lot of resentment among others, rightly or wrongly.

Read more about how the Indians came to become Madagascar’s market dominant group here.

By OzoIgboNdu1 of Igbo Defender

Digital marketer and Marketing analyst