India’s rising middle class is reshaping consumption patterns, offering new opportunities for investors across sectors.
Consumption Insights:
- Growth in discretionary spending fuels demand for retail, FMCG, and digital services
- Urbanisation and rising incomes drive real estate and auto sales
- Financial inclusion boosts insurance and credit penetration
- Investors eye mid-cap stocks and consumer ETFs for exposure
- Policy support for manufacturing and e-commerce adds tailwinds
Sources: NITI Aayog Economic Outlook, RBI Household Survey, Economic Times Markets Desk, Business Standard Consumption Tracker