How India Will Consume In 2030 10 Mega Trends World Economic For The following 10 mega trends for india in 2030 can help businesses and policy leaders envision the india of the future. the trends draw upon the research and consumer survey conducted by the world economic forum and bain for the insight report on the “future of consumption in fast growth consumer markets: india”. How india will consume in 2030: 10 mega trends. these insights into the future of consumption in one of the world's fastest growing major economies will help businesses and policy leaders envision the india of the future. nikhil prasad ojha and zara ingilizian 07 jan 2019.
How India Will Consume In 2030 10 Mega Trends World Economic For India is currently the world’s sixth largest economy and one of the fastest growing large countries, with an annual gross domestic product (gdp) growth rate of 7.5%, a momentum that is expected to sustain over the next decade. domestic consumption, which powers 60% of the gdp today, is expected to grow into a $6 trillion opportunity by 2030. As we hurtle towards 2030, india's consumption landscape is poised for a seismic shift. with a burgeoning population, rapid urbanization, and technological advancements, the indian consumer of. The following 10 megatrends for india in 2030 can help businesses and policy leaders envision the india of the future. the trends draw upon the research and consumer survey conducted by the world economic forum and bain for the insight report on the “future of consumption in fast growth consumer markets: india”. With the indian consumer market poised to double by 2031, touching almost $2.9 trillion, india@2030 will see a vastly different consumer. rather than ‘millennial and metro’, india of the 2030s.
How India Will Consume In 2030 10 Mega Trends World Economic For The following 10 megatrends for india in 2030 can help businesses and policy leaders envision the india of the future. the trends draw upon the research and consumer survey conducted by the world economic forum and bain for the insight report on the “future of consumption in fast growth consumer markets: india”. With the indian consumer market poised to double by 2031, touching almost $2.9 trillion, india@2030 will see a vastly different consumer. rather than ‘millennial and metro’, india of the 2030s. By 2030, it is on course to witness a 4x growth in consumer spend. it will remain one of the youngest nations on the planet and will be home to more than one billion internet users. the new indian consumer will be richer and more willing to spend, and unlike her predecessors, she will have very specific preferences. If realized, this would make india’s consumer market the third largest in the world, behind the us and china. the future of consumption in india in 2030 is anchored in rising incomes and a broad based pattern of growth and benefit sharing. it is anticipated that the growth of the middle class will lift nearly 25 million households out of poverty.
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