business π India set to outpace China in rich consumers by 2036
India is projected to surpass China in the number of affluent consumers by the year 2036. This growth is being driven by the rapidly expanding high-spending population within India. Projections indicate a quadrupling of this affluent demographic over the next couple of decades. This shift reflects changing economic landscapes and rising disposable incomes across the nation. Analysts suggest this will significantly reshape global market dynamics moving forward.