India is expected to be one of the top three economic powers over the next 10-15 years
India to become 5th largest consumer durables market in the world with growth at 13% CAGR to reach US $46.54 billion by 2020
The size of the Indian consumer market is forecast to increase from $1.9 trillion in 2019 to $3.6 trillion by 2025.
India is one of the fastest growing in terms of digital adoption. According to McKinsey Global Institute MGI, India Digital Index rose by 56% during 2014-17, from 18 to 29 on a scale of 1-100. This placed India second in terms of growth among 17 emerging and mature digital economies
India’s $2.7 trillion economy continues to be one of the fastest growing major economies in the world (IMF)
With the youngest working population in the world, India’s consumption story will be huge in the next 20 years, driven by its 440 million millennials and 390 million Gen Z
Online buyers to be 350 million by 2025 from existing 90 million, with digital spending projected to increase to $550 bn & account for 35% of all retail sales by 2025
India has jumped 79 positions to rank 63rd in 2019, in the 'World Bank's Ease of Doing Business Ranking 2020'.
