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The Economic Times News

Opinion / The Economic Times

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Why policy must keep pace with the structural shift in India's spending patterns

Indian households are spending more on non-food items and durable goods. This shift indicates growing prosperity and better market access for millions. Rural spending on durables has surged significantly. Ownership of vehicles, mobile phones, refrigerators, and TVs is becoming common. This trend presents opportunities and challenges for policy and manufacturing.

15 Dec 2025 11:45 pm