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Across the aisle by P Chidambaram: The dazzle of affluent India

Across the aisle by P Chidambaram: The dazzle of affluent India
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Charting the rapid rise of India s affluent class

While only about 4% of the working-age population make more than $10,000 a year, their size has grown at a phenomenal pace in the last four years, a new Goldman Sachs report says.

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India s Affluent class to reach 100 million in three years, will boost premium goods sales

The increase in wealth among high-earning Indians has led to a rise in top-end consumption in India. Categories such as leisure, jewellery, out-of-home food, healthcare, and premium brands are expected to benefit.

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100 Mn Affluent Indians by 2024 Highlights Spending Power Disparity Goldman Sachs - BW Businessworld

Over the past decade, strong economic growth, a stable monetary policy and high credit growth have boosted the purchasing power of the top earners in India, , goldman sachs, affluent indians, 100 million, 2024

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India to have 100 million affluent citizens by 2027, claims report

India, currently, the world s fifth largest economy, is set to become the third largest by 2027, as per the International Monetary Fund.

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