Search For "rising income"
India Poised to Lead Global Hospitality Growth with 15-17% CAGR Through 20
Updated : 4 months, 4 weeks ago IST
New Delhi [India], January 6: India's hospitality industry is set to significantly outperform global growth trends through the end of the decade--2030--supported by strong domestic travel demand, rising incomes, sustained investment in tourism infrastructure, the continued rise of bleisure a
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80% of Indian rural households consistently report higher consumption over
Updated : 5 months, 3 weeks ago IST
About 80 per cent of rural Indian households have consistently reported higher consumption over the last year, NABARD's Rural Economic Conditions and Sentiments Survey (RECSS) found, asserting the survey outcome as a hallmark of rising prosperity.
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India's Consumption Boom and the Urgent Need to Rebuild Household Savings:
Updated : 6 months, 3 weeks ago IST
New Delhi [India], November 14: India stands at a defining economic moment. As the country advances toward becoming one of the world's largest consumption-driven economies, the patterns of household spending, saving, and investing are undergoing a major structural shift. Rising incomes, rapi
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India 2030: 13 transformational shifts set to redefine the nation's growth
Updated : 6 months, 3 weeks ago IST
As India races toward 2030, the nation stands on the threshold of a historic transformation fuelled by rising incomes, digital empowerment, and demographic dynamism.
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Unlocking Opportunity in Southeast Asia's Dairy and Beef Sectors with U.S.
Updated : 8 months ago IST
Bandung [Indonesia], September 4: Southeast Asia's appetite for animal protein is accelerating, with consumption expected to grow more than 20% by 2031, fueled by rising incomes, urbanization, and population growth[1]. In response, the U.S. Soybean Export Council (USSEC) hosted the inaugural
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With 7% CAGR in income over past decade, demand for premium product increa
Updated : 8 months ago IST
India is entering a new phase of consumption as rising incomes steadily expand the base of premium-ready consumers, according to a report by SOIC Research.
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Why Micro-Communities Are Driving the Success of High-Street Retail Across
Updated : 8 months ago IST
Delhi NCR [India], August 30: India's retail sector has been on an extraordinary growth curve, powered by rising incomes, rapid urbanisation, and a young, aspirational consumer base. As the market matures, so do consumer habits. While destination malls and mega-retail formats still hold valu
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Shalimar Paints focuses rural pockets to tap growth, says Director
Updated : 1 year, 2 months ago IST
The rising income levels and ever-increasing rural consumption in India are key factors shaping the paint industry's growth, pointed out Kuldip Raina, Director of Shalimar Paints.
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India's consumer market to become world's second largest by 2030: Report
Updated : 1 year, 4 months ago IST
Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion by 2030, up from USD 2.4 trillion in 2024.
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Global consumption shifting to India, emerging Asia from America and Europ
Updated : 1 year, 4 months ago IST
This transformation highlights the growing importance of these regions in the global economic landscape, driven by rising incomes, changing demographics, and evolving consumer preferences.
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The Rise of Ghaziabad in NCR's Luxury Market: A New Benchmark for Premium
Updated : 1 year, 5 months ago IST
Ghaziabad (Uttar Pradesh) [India], December 23: The growth of luxury real estate in NCR has witnessed a remarkable evolution driven by several key factors reshaping the market's landscape. As the economy continues to grow, rising incomes have significantly expanded the purchasing power of in
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India's real estate sector poised for sustained growth for next 3-5 years:
Updated : 1 year, 6 months ago IST
Additionally, factors such as urbanization, rising incomes, and potentially lower interest rates further bolster the outlook. The Indian property sector has been at its healthiest in the past 15 years with strong demand momentum and low inventory overhang.
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