India to be Home to 864 million Middle Class Households [Mar 2012]

India will be at the core of global business and commercial activity with projections for the largest working-age and youngest population in 2020. India will also be home to 864 million middle class households by then, which will spur demand for white goods and compel companies to experiment with the low-cost segment. This was one of the mega trends during a web briefing conducted by Frost & Sullivan. The session titled ‘Mega Trends In India’ focussing on ‘Macro to Micro Implications of Top Mega Trends in India To 2020’ was hosted by Sarwant Singh, Partner, Frost & Sullivan and Archana Amarnath, Program Manager, Frost & Sullivan.
This briefing shed light on trends such as urbanisation and high infrastructure investment, which will shape the future of a well-planned and connected India. Collectively, these trends identify the inherent potential market and business opportunities created in leading industries in every segment in the value chain.

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