Household income in India: These numbers will shock and awe you

Jan 11, 2019, 13:22 PM IST
GPlus

Strong demographics, rising income levels, and reforms are expected to support sustained and board-based consumption growth in India over the next few years, according to a report by Bain & Co.

 

 

1/6

Evolution of the household-income profile in India:

Evolution of the household-income profile in India:

High income & Upper Middle Income Segment

1 in 4 households today

1 in 2 households by 2030

70 million fewer low-income households by 2030

Image source: DNA

GPlus
2/6

$6 trillion

$6 trillion

Domestic consumption is expected to rise by 2030, from $1.5 trillion now

Image source: Reuters

GPlus
3/6

25 million people

25 million people

These are the number of people who would be lifted out of poverty

Image source: Pixabay

GPlus
4/6

1-1.2 crore

1-1.2 crore

These are the working-age people who get added to the population

Image source: PTI

GPlus
5/6

70 crore

70 crore

Millennials and Gen Z people in the next decade

Image source: Reuters

 

GPlus
6/6

40%

40%

Number of Indians who will be urban residents by 2030

Image source: Pixabay

GPlus

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close