Listen "Consumer Markets by Adit Jain"
Episode Synopsis
With reasonable assumptions on economic growth and that we sail a steady ship, without extreme shocks – either economic, social or political – India’s economy should touch USD 6-7 trillion by 2031-2032. That is not too far away and businesses need to get their plans sorted to tap this remarkable opportunity. By 2035, India’s consuming classes will comprise of 120 million ‘households’ with an annual income exceeding USD 30,000. Of this about 40 million households will have an average income exceeding USD 50,000 per annum. This segment would constitute the fat-belly of the market-place. This podcast explains.
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