Why the Union Budget can do little to push India’s consumption story

Income inequalities have put the onus of consumption growth on a small group of buyers. But this growth is tapering, leaving companies competing for pieces of a stagnating pie, with serious costs.

22 July, 202415 min
0
Why the Union Budget can do little to push India’s consumption story

You may also like

Business
Story image

The hidden debt behind rural India’s ‘prosperity’

How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.

Business
Story image

What to expect from Gulf public markets in 2026

Century Financial’s Arun Leslie John on why 2025 mattered—and what investors in the UAE and Saudi public markets should watch in the new year.

Business
Story image

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.