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India shows serious affluenza symptoms

By Economic Times - 10 months ago
The economy is swivelling to the needs of big spenders, be it for SUVs, condominium living, branded healthcare, high-end holidays or ordering in fine dining. This demand has considerable linkages in manufacturing and services industries, which can offer bridge value offerings like premium economy air travel and crossover automobiles. Pure lifestyle consumption is still some way off. But India is, indeed, stricken by affluenza.

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