India’s next consumption wave can’t be built for urban elite alone: FM Sitharaman
- Posted on September 22, 2026
- By Business News Today
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- 1 min read
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India’s next consumption wave can’t be built for urban elite alone: FM Sitharaman
Finance Minister Nirmala Sitharaman urged corporate India to look beyond affluent urban consumers. Rising incomes will drive future consumption growth across various sectors. The government is increasing public investment and strengthening digital infrastructure. Private sector participation is expanding into new areas like space and nuclear energy. Indian companies should focus on design and technology for global value chains.