Branch2 Intelligence
Middle Class Growth Engine Of India; 500 Cities To Emerge As Economic Hubs: Sitharaman
Key takeaway
India's middle class growing at 6.3% annually, 500 cities to become economic hubs.
- Step 11st-order: India's middle class grows 6.3% annually, boosting domestic consumption and housing demand.
- Step 22nd-order: Increased demand raises input costs for Indian manufacturers, affecting UK import prices.
Source: IN:NDTV Profit
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