India’s Middle Class Boom Projected to Drive $5.2 Trillion in Spending by 2031

Unknown Apr 02, 2026 500 Views

A new RedLab report reveals India’s middle class is set to become a major economic force, driving consumer spending from $1.9 trillion to $5.2 trillion by 2031. This growth is attributed to an expanding middle class, projected to comprise 38% of the population by 2031 and 60% by 2047. T...

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