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India's consumption growth is set to accelerate as Goldman predicts 'affluent' Indians to nearly double – NBC New York

Around 100 million people in India will earn an income of more than $10,000 a year by 2027, according to Goldman Sachs. ....

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Leverage Affluent India narrative to blend Indian luxury traditions with global fashion

The potential for scaling up the collaboration between the European luxury industry and Indian suppliers is immense. This could be achieved through partnerships between Indian and European design schools or by introducing Indian craftsmanship to the global fashion scene ....

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India shows serious affluenza symptoms

The economy is swivelling to the needs of big spenders, be it for SUVs, condominium living, branded healthcare, high-end holidays or ordering in fine dining. This demand has considerable linkages in manufacturing and services industries, which can offer bridge value offerings like premium economy air travel and crossover automobiles. Pure lifestyle consumption is still some way off. But India is, indeed, stricken by affluenza. ....

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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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Daily Voice | This fund manager believes IT could be a good value pick now with strong expectations of recovery in coming quarters

Sonam Srivastava says 2024 holds the potential for being a moderately positive year for the Indian equity markets. ....

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