Consumer spending likely to cross $4 trillion by 2030, says report

More than 52% of Indian consumers cited 'quality' as their most basic expectation from any online shopping site

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Illustration: Ajay Mohanty
Aryaman Gupta New Delhi
1 min read Last Updated : Aug 10 2023 | 10:09 PM IST
Consumer spending in India is expected to cross the $4 trillion mark by 2030, growing at a compound annual growth rate of around 10 per cent, owing to the massive domestic consumer expenditure and consumption market, a report by Shiprocket said.

Moreover, consumer spending on food, housing, apparel, personal care, transport, and communication is expected to increase around two-fold by 2030. 


















































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Topics :consumer spending

First Published: Aug 10 2023 | 10:09 PM IST

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