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Income and Consumption;
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The Rise of India’s
Middle Class

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TRENDING

Gearing Up For a Billion-Plus Middle Class by 2047

“By 2047, if political and economic reforms have their desired effect, the India income pyramid will have a smallish layer at the bottom comprising the Destitute and Aspirer groups, a huge bulge of the middle class and a big creamy ‘rich’ layer on top.”

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We are an independent not-for-profit-think-tank and fact-tank providing macro-consumer data and insights to make business and public policy more people-centric.

INFOGRAPHIC

Incomes up since Covid, but poorest 20% still below FY16 level: PRICE Study

Average household income in India has increased around 12% since the Covid pandemic-induced fall, with the poorest seeing an over 75% jump, according to a survey by PRICE...

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Trending in Economy

The Indian economy has increased in size from being tenth to 5th largest in the world in the last nine years.

NIRMALA SITHARAMAN

(Minister of Finance, India)
Trending in Economy

The challenges and possibilities of our country demand that we work together as one, cutting across all divides of wealth, region, religion, caste, and more.

AZIM PREMJI

(Azim Premji Foundation)
Trending in Economy

India’s inherent strength, enabling policy environment and strong macroeconomic fundamentals has led the country to deal with future challenges.

SHAKTIKANTA DAS

(RBI Governor)
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Selective bespoke projects are done primarily for the government (policy research), specific industry associations or large corporations to look more closely at specific aspects of the economy.

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