24 Oct 2025 | 5 Mins Read
Premiumisation boosts India's consumption growth
Flipitmoney
India's per capita income is projected to cross $5,000 by FY2030, driving premiumisation and consumer demand for luxury goods. Key sectors benefiting include automobiles, with Eicher Motors poised to grow, as well as travel and aviation, with InterGlobe Aviation set to benefit. Real estate and consumer discretionary segments also see growth, particularly in housing and appliances.