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India's affluent class to reach 100 million by 2027

India's affluent class to reach 100 million by 2027
India's rise on the global stage dominated headlines in 2023, and the effects of that are on witness in 2024 and beyond. India's affluent class is growing and is set to surpass the 100 million mark in a few years. So, what are the factors that are leading to this wealth boom in India and what does this mean for the global economy?