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flag India's consumption is set to double by 2034, fueled by a young population and economic growth.

flag India is poised to become the world's consumption capital by 2034, with its spending expected to double. flag The country's consumption, accounting for 56% of GDP, is the fastest-growing part of its economy. flag Driven by a growing young population and nuclear family trends, consumption is projected to rise significantly, with recent tax cuts potentially boosting GDP by 1%. flag The report also notes a massive opportunity for modern retail to capture market share from traditional stores.

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