Air Travel Trends: India's Rising Importance in the Global Passenger Market
Air Travel Trends: India's Rising Importance in the Global Passenger Market
Source: ibef.org
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middle class: India's growing middle class poised to transform travel landscape
Globally, the middle class is already the largest spender. India is expected to become the fourth largest global spender on travel by 2030, and by then the middle class, with increased purchasing power, will make 47% of its population, say reports by Booking.com-McKinsey & Company, and People Research on Indias Consumer Economy-Indias Citizen Environment (PRICE-ICE), respectively.
Source: indiatimes.com
India's festive demand a sign of increasing consumer confidence
Unlike the export-oriented economies of East and Southeast Asia or investment-driven China, it is domestic consumption that has powered India’s growth.
Source: moneycontrol.com
Morgan Stanley bullish on New Delhi's growth story, downgrades China
India has jumped from sixth to first place among emerging economies tracked by Morgan Stanley Read Full Article at RT.com
Source: shanghaisun.com
India's Middle-Class To Expand, "Destitute" Class To Halve By 2031: Study
India will see a five-fold increase in its 'super rich' families by the turn of the decade and a large chunk of the growth will come from rural areas - home to the nation's poorest, according to a study.
Source: ndtv.com