Billing and accounts are just one part of the business. Generating power and delivering it to customers is also cheaper when there are a few large customers instead of hundreds of thousands of small customers. Much less equipment is required to transmit and distribute the power, and much fewer people required to install, monitor and maintain the system. Also, it is important for society to keep industrial costs low. That means that millions of people get a wide range of goods and services cheaper.
More competitiveness also means more production, which in turn means more employment.
Go to list of Business Notes Indian Rayon pockets Madura Garments A V Birla group's Indian Rayon has bagged the apparels division of Madura Coats in a Rs 236.23 crore deal. The Tatas have practically exited cement by selling half their stake in ACC to Gujarat Ambuja Cements. It does, says Kiron Kasbekar . More people are buying more things. More products need more shelf space.