BUSINESS

Big $40 billion consumption boom on the horizon! Tax cuts, cheaper loans & 8th Pay Commission to drive new wave - what sectors should investors bet on?

India is poised for a consumption boom, potentially adding $30-40 billion annually, driven by tax cuts, salary increases, and lower borrowing costs. Analysts anticipate a significant rise in discretionary spending, benefiting sectors like food delivery and consumer goods. Investors should consider opportunities as economic indicators and liquidity conditions support sustainable growth.

TIMES OF INDIA
7 hours ago
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