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Income and Consumption;
Saving and Investment Behaviour

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The Rise of India's
Middle Class

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TRENDING

Gearing Up For a Billion-Plus Middle Class by 2047

“By 2047, if political and economic reforms have their desired effect, the India income pyramid will have a smallish layer at the bottom comprising the Destitute and Aspirer groups, a huge bulge of the middle class and a big creamy ‘rich’ layer on top.”

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We are an independent not-for-profit-think-tank and fact-tank providing macro-consumer data and insights to make business and public policy more people-centric.

INFOGRAPHIC

In 7 years, the number of Rich in the country Increased by 500%, while the number of Poor decreased by only 58%.

PRICE's report shows that the population of the high income group increased from 10.1% in 2016 to 14.7% in 2023. After COVID, the population of the lower and middle class increased to.....

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Selective bespoke projects are done primarily for the government (policy research), specific industry associations or large corporations to look more closely at specific aspects of the economy.

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