Middle class, aspirational consumers to drive 93% of India's spending by 2036: Sitharaman
- Posted on July 5, 2026
- By Business News Today
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- 1 min read
Middle class, aspirational consumers to drive 93% of India's spending by 2036: Sitharaman
India's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by 2036. This growth is increasingly driven by tier two and three cities, indicating a wider distribution of wealth. Government policies, including financial inclusion, digital access, tax adjustments, and welfare schemes, are actively supporting and expanding this crucial demographic, positioning them as key engines of India's economic progress.
