Can ‘Affluent India’ alone sustain consumption growth?
Goldman Sachs says companies that cater to the top of India’s pyramid will do well. But given how small the category is, investors cannot afford to neglect businesses that serve more than half a billion Indians.
19 January, 2024•8 min
0
19 January, 2024•8 min
0
More in Business
Business
How Ras Al Khaimah became the UAE’s next big thing
After Dubai and Abu Dhabi, the quiet emirate is emerging as a new engine—powered by tourism, real estate and a landmark Wynn casino.
You may also like
Business
India’s oldest biscuit brand dwells on consumption trends
After a year of inflation, GST resets and uneven demand, Parle reflects on what still drives India’s mass market consumption.
Internet
Young consumer startups are forcing a reinvention of India’s FMCG giants
The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.
Business
GST Bachat Utsav is a colossal oversell
Beyond marginal savings for consumers, the promises held out by the GST cuts are a tall order. Maybe even delusional.