According to the Boston Consulting Group, India will be the 3rd largest consumer market in the world by 2025. “Even assuming conservative annual G.D.P. increases of 6% to 7%,we expect spending to triple, reaching US$4,000 billion by 2025,” said the Group. Indian consumers are poised to fuel a spending boom, as an array of emerging social trends and fast-to-market fashions could significantly reshape spending patterns. “This includes better-educated women taking a rightful place in society,...
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