India is fast emerging as one of the world’s biggest consumption hubs. With consumption contributing to over half of the country’s GDP, India’s economy is largely driven by what people spend. As incomes rise and more young consumers like Gen Z enter the market, India is set to witness a sharp surge in spending across various sectors. According to McKinsey, India is expected to contribute 16% of global consumption by the year 2050.
Let’s explore how India’s consumption is growing and which sectors are leading the way through this infographic guide.
Wrapping Up
India’s consumption story is just beginning — powered by a growing population, rising incomes, and evolving lifestyles. From traditional sectors to new-age entertainment and Gen Z-driven spending, the country is on track for a major consumption boom. With supportive policies like tax cuts adding further momentum, India’s consumption-led growth is set to drive the economy forward for years to come.
*The article is for information purposes only. This is not investment advice.
*Disclaimer: Teji Mandi Disclaimer
