• The Indian middle-class is under financial siege

  • Feb 14 2025
  • Durée: 11 min
  • Podcast

The Indian middle-class is under financial siege

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  • Résumé

  • The term ‘shrinking middle-class’ is now common and there are several indicators that it is based in fact. Consumption is down. Last year, two-wheeler sales fell and car inventory rose. The cost of living is through the roof and real wages are stagnating. The once-thriving middle-class is struggling with significant economic challenges that have significantly impacted its consumption patterns. Learn more about your ad choices. Visit megaphone.fm/adchoices
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