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Indian Industry

Indian Consumerism

The lifestyle and profile of the Indian consumer is going through a rapid transformation. The population of India is young, energetic and full of enthusiasm. 50% of the Indian population is under the age of 25. There has been a transition from price consideration to quality and design, as the focus of the customer has changed. The upper and middle- class population of today needs a feel good experience even if they have to spend a little more for that. People are moving towards luxury and want to experiment with fashion and technology. There is an increasing need of better apparels, cars, mobile phones and consumer durables.


The food & grocery, clothing, consumer durables and books & music sectors are the major retail sectors. However, unorganized small outlets largely control the sector. Hence there is tremendous potential for the organized sector in various formats, such as hypermarkets, supermarkets, specialty stores, category killers and discount chains.


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