A Rising Consumer Class
A perspective on India
• Author(s): Manish Sonthalia
• Published: December 2010
• Pages in paper: 16
Abstract
India has had two stages of growth, both related to consumption since 1947. The first was based on developing economic self sufficiency; the second on rising disposable income. It is now entering its third period of consumption growth which sees it entering the world stage as one of the largest consumers in the world. This paper explains the factors that are driving this dramatic shift from the emerging middle classes to the patterns of consumption and investment in India today.
Register for personal access to all papers for just £47.99
To download papers you need a subscription to World Economics Journal.
Get access to the full 20 year archive of thousands of papers and abstracts.
Order online now for 1 years immediate access for 1 user via username/password.
You do not need a PayPal account to pay by card.
Institutional Subscriptions, Contact Us
Existing Subscriber Log-in