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Data▲ Bullish for Indian equities
India’s consumer durables market could reach ₹3.25 lakh crore by 2030
The brief
- The market is projected to reach ₹3-3.25 lakh crore by 2030
- 8-10% annual growth could add ₹40,000-50,000 crore in domestic value
- Growth and localisation prospects support Indian appliance makers and consumer-durables manufacturers
- Markets pricing an excessive 125bps rate hike over the next one year: Nomura
- Tailwinds under-appreciated, India can absorb global shocks and grow: DBS Bank group chief economist Taimur Baig
- Rural India's auto demand holds despite weak rains in August: Fada data
- E-commerce’s share to FMCG sales in top eight metros at 21% in June quarter: NIQ
- FMCG Sector Under Pressure As Rural Volumes Fall 5% In June Quarter: NielsenIQ
India's consumer durables market growth
India's consumer durables market is projected to reach ₹3–3.25 lakh crore by 2030, growing 8–10% annually. The expansion could add ₹40,000–50,000 crore in domestic value and create opportunities to increase localisation.
Sunday, 27 September
Thursday, 24 September
- India’s consumer durables market could reach ₹3.25 lakh crore by 2030