The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.Learn More
India’s income and spending levels recorded sustained growth over 2010-2015, on the back of the country’s strong economic expansion. However, on a per capita basis, income and spending levels in India remain below Asia Pacific averages, and its income gap continues to gradually widen. In the long run, consumption is expected to gain an increasingly important role in the Indian economy, while trends like lifestyle changes and population ageing will also influence consumer spending patterns.
India’s mega-cities centres are home to urban consumer and their varying consumption patterns: