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The digitally-native, app-first Gen Z cohort is assuming the centre stage in India's consumer markets by scripting "big shifts" in consumption trends, including the rise of quick commerce delivery and direct-to-consumer brands, according to a report by Bernstein. Brands are seeking a deeper connection with this digitally-native, app-first generation that 'swipes up' for practically everything from social media to ride-hailing and food delivery. Indian Gen Zs' are the world's largest, the report said about the cohort born into a digital age, that shops, works and eats online. Gen Z is the generation born between 1996 and 2010. Indian Gen Zs make up 20 per cent of the world and about 27 per cent of India's population, it noted. Gen Zs have become the "Swipe Up" generation considering the amount of time they spend on social media. They swipe up for practically everything - social media, ride-hailing, and food delivery, according to Bernstein's report on 'India Internet'. Gen Zs are .
Nearly half of Gen Zs interviewed felt more concerned about the high cost of living followed by unemployment and climate change as they live from paycheck to paycheck, a survey has said. The high cost of living is top societal concern of Gen Zs, who say they live paycheck to paycheck and growing numbers are taking on side jobs to address financial concerns, according to Deloitte's 2023 Gen Z and Millennial Survey. About 46 per cent of Gen Zs and 37 per cent of Millennials have taken on either a part or full-time paying job in addition to their primary job, it said. This has postponed their big life decisions like buying a house or starting a family, and adopting behaviours that save money such as buying second-hand clothes or not driving a car, the survey added. Gen Zs are people who were born between the late 1990s and the early 2010s, while Millennial are those born in the 1980s or 1990s. The Deloitte Global 2023 'Gen Z and Millennial Survey' is based on responses of 22,856 ...