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Consumption in India set to hit $4 tn mark by 2025

Consumption in India set to hit $4 tn mark by 2025

Wednesday, March 22, 2017, 8:48 AM

Consumption of goods and services in India is set to reach $4 trillion by 2025 as rising affluence drives changes in consumer behavior and spending pattern. In terms of spending, the two top consumer categories elite and affluent will become the largest combined segment by 2025, accounting for 40% of consumption compared with 27% in 2016.
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