India’s economy and financial markets continue to evolve. Government incentives and strategic investment are expanding domestic manufacturing, while rising incomes are shifting spending “from essentials to extras” and “from basic to premium”. Meanwhile, easier access for foreign investors and growing domestic participation are supporting the development of India’s financial markets. Building on last year’s paper, India’s great transformation: opportunities for global investors, this updated infographic brings together refreshed data on these trends and their implications for investors.
Make in India : advancing the manufacturing transformation
Government incentives and global partnerships are helping India expand local manufacturing and increase exports. Investment in semiconductor projects aims to strengthen chipmaking capabilities and reduce reliance on imports, while defence spending is supporting a greater role for Indian suppliers.
India’s consumers: the spending shift continues
As incomes rise, consumers are spending more on goods and services beyond everyday essentials, while higher-income households are increasingly choosing premium products. Growing fast fashion sales and wider ownership of household appliances illustrate how India’s spending habits are evolving.
You can now read the full whitepaper at the link below
