The Economic Times

India's private consumption projected to reach $1.9 trillion by 2030: FICCI-Deloitte report

India's private consumption is projected to reach $1.9 trillion by 2030. This growth stems from rising incomes and rapid digital adoption. Consumers now prioritize quality, health, and societal issues over price. Businesses must adapt to evolving demographics and regulatory landscapes. The government is enhancing quality standards and modernizing testing infrastructure.