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Indian middle class will nearly double to 61% by 2046-47: Report
The size of India’s middle class will nearly double to 61 percent of its total population by 2047, from 31 percent in 2020-21, as continuing political stability and economic reforms with a sustained annual growth rate of between 6 percent and 7 percent over the next two and half decades will make the country one of the largest markets in the world.
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