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Indian consumers to be primary divers for domestic and global economy: Barclays

By Economic Times - 10 months ago
“Consumption already forms a bigger part of the Indian economy (58%) than in most large consumer-led economies. This, coupled with an expected surge in India's population, suggests the country's consumption is primed for world-beating growth,” Rahul Bajoria, MD & Head of EM Asia (ex-China) Economics, Barclays, said in a report released Wednesday.

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