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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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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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