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India's middle class set to drive 93% of consumer spending

India's middle class set to drive 93% of consumer spending

NewsBytes 3 weeks ago
India's burgeoning middle class is set to be the country's biggest economic driver in the coming decade, Finance Minister Nirmala Sitharaman said on Friday.
She made the remarks while addressing an economic forum at Aix-Marseille University in France. Sitharaman said that the middle class and slightly affluent population are likely to account for a whopping 93% of total consumer spending by 2036.
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