10/26/2011 @ 10:16AM
What’s next, diamond jewelry coming out of ATM machines? Well, yes.
In a testament to the economic growth of India, its insatiable appetite for consuming products and the creativity, even audacity, of companies willing to find ways to feed that appetite; an Indian company has built the world’s first machine that dispenses out gold, silver, diamond jewelry and religious jewelry.
The Gitanjali Group, the machine’s creator, is calling it an ATM, but I think a vending machine would also be an apt description. These types of machines have been vending gold at certain places around the world for the past few years. But this is the first such machine that also dispenses other precious metals and jewelry.
The first ATM was recently placed at a Mumbai shopping center. As is typical with the company, it was introduced with a ceremony featuring a Bollywood star, in this case, Raima Sen.
http://www.forbes.com/sites/anthonydemarco/2011/10/26/luxury-atm-dispenses-diamond-jewelry-gold-silver-and-religious-jewelry/With things like this on the horizon, why on earth are people protesting in the streets?