India, with a population of 1.4 billion, appears to be a vast consumer market. However, a deeper look reveals that nearly 1 billion people lack the disposable income required for discretionary spending. According to the Indus Valley Annual Report 2025, only 130 to 140 million people—about the population of Mexico—form India's true consuming class.

Report: India’s middle class shrinks as wealth gap widens

For long China has been the world's biggest consumer Market but that could change soon as India emerges as an economic powerhouse. Watch in for more details!

India vs China: Consumer market in 2030

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