Policy brief 2023

Understanding India's Middle Class to Drive Growth and Business Opportunity

Rajesh Shukla

This report explores the critical role of India's middle class in driving economic growth and business opportunities. With a substantial portion of the population falling into the Middle-Class category, their income, expenditure, and savings significantly impact the national economy. However, this s   Read more

Policy brief 2023

The Expanding Indian Middle Class

Rajesh Shukla

India's economic and social landscape is on the verge of a profound transformation, driven by the rapid expansion of its middle class. By 2047, the centenary of India's independence, the middle class is expected to become the dominant income group, reshaping the nation's economic, political, and soc   Read more