Prof K S Chandrasekar A 432 million-population base in the middle-income group is an envy of a consumer products division of ...

India is projected to add $1 trillion to its GDP every 12–18 months to 2047. With this momentum, India is targeting a $30 ...

In India too, without exception, they are rapidly expanding and affecting the economy. Along the line came the middle class – circa eighteenth century with rapid growth of trade and ...

The government is retrenching on infrastructure spending and corporate earnings expectations are down. But a retail frenzy has kept valuations rich.

Percentage of country’s population: 3.0%. Even though India is one of the countries with the largest middle class population in the world, it represents only 3% of Indian population.

The Indian middle class conjured up by the marketers and consultants scarcely exists. ... The next 40% of India’s population neatly mirrors its combined South Asian poor neighbours, ...

There is no consensus on the actual size of India’s middle class. Using the classification of those spending between US$2–10 per capita per day, over 600 million people — half of India’s population — ...

Indian middle class will grow from 14% in 2004-05 to as much as 46% in 2030 and 63% in ... It covers the rise of 63 cities witha population of over one million each. End of Article. FOLLOW US ON ...

India’s middle class may be far from wealthy but the rich are truly rich. There are over 200,000 millionaires in India. Forbes counts 101 billionaires and adds one more to the list roughly every ...

The middle-income share rose only from 1% to 3%, and about 1% of India’s population is estimated to have had an upper-middle-income or high-income standard of living in 2011. China has pulled away ...

Over 88% of urban Indians identify themselves as middle class—and the trend does not change much across income groups. Here’s what we found when we asked them their threshold for feeling rich.