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The Indian consumer industry is expected to grow rapidly, becoming the world’s third-largest by 2027, behind the US and China, driven by affordable data plans, access to e-commerce, the country’s growing young population, and increasing purchasing power. From simplifying the tax structure and rationalising provisions to offering incentives, these measures have resulted in boosting the growth of the consumer industry. Yes, there is a disparity in consumption between urban and rural areas. Here is
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The Indian consumer industry is expected to grow rapidly, becoming the world’s third-largest by 2027, behind the US and China, driven by affordable data plans, access to e-commerce, the country’s growing young population, and increasing purchasing power. From simplifying the tax structure and rationalising provisions to offering incentives, these measures have resulted in boosting the growth of the consumer industry. Yes, there is a disparity in consumption between urban and rural areas. Here is
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