Section

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

By Economic Times - 9 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.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.