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India's consumption is set to double by 2034, fueled by a young population and economic growth.
India is poised to become the world's consumption capital by 2034, with its spending expected to double.
The country's consumption, accounting for 56% of GDP, is the fastest-growing part of its economy.
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%.
The report also notes a massive opportunity for modern retail to capture market share from traditional stores.
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El consumo de la India se duplicará para 2034, impulsado por una población joven y un crecimiento económico.