36% consumers in India expecting to increase their spending, much higher than global average of 17% ...Middle East

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36% consumers in India expecting to increase their spending, much higher than global average of 17%
New Delhi: India is one of the most optimistic markets, compared to other global economies, with 5 out of 10 exhibiting positive sentiment with regards to both macro-economic factors such as geo-political concerns, recession or inflation as well as micro factors such as personal finances and their future income outlook, as per 2023 Global Consumer Sentiment survey from Boston Consulting Group (BCG), “This positive attitude is translating into spending resilience, with 36 per cent of consumers in India expecting to increase their spending in the next 6 months across categories, much higher than the global average of 17 per cent. “This positive spend outlook is being driven more so by young w

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