India's consumer durables sector set to grow 11% CAGR by 2029, creating 5 lakh jobs

India's consumer durables sector will grow to Rs 3 lakh crore by 2029 with a CAGR of 11%. It will become the fourth-largest market by 2027 and create 5 lakh jobs. Government initiatives like Atmanirbhar Bharat and PLI schemes will support this growth. The sector will also see a rise in premium product demand and online sales.
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