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Consumer trends IGNITEing growth and governance

Strategic insights into the trends transforming India's FMCG, retail, and e-commerce landscape.

Introduction

India's consumer economy is at an inflection point. Driven by demographic shifts, rising incomes, rapid urbanisation, and digital adoption, private consumption is projected to reach nearly US$1.9 trillion by 2030. Supported by more than one billion internet subscribers and 228 billion UPI transactions worth approximately US$3.6 trillion in 2025, India has become one of the world's most dynamic consumer markets. Capitalising on this opportunity will require businesses to keep pace with evolving consumer expectations, technological disruption, and an increasingly integrated regulatory landscape.

Against this backdrop, this report examines six trends shaping India's consumer landscape.

Key trends from the report:

Conclusion:

By examining the six structural trends shaping India's consumer landscape, this report offers practical insights to help businesses, policymakers, and consumers navigate the next phase of growth and IGNITE Intelligent Growth, Next Generation Innovation, Technology, and Experience across India's FMCG, retail, and e-commerce ecosystem.

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