Consumer sentiment in India has shown steady momentum over the year aided by robust GDP growth and the country continues to be one of the most optimistic markets with 61 per cent of consumers expecting continuous good times, according to global consulting firm BCG.
Indian consumers are also unfazed by ongoing geopolitical conflicts as only 17 per cent net consumers believe that recent global conflicts or political events will slow down the country’s growth, 2nd lowest after China. In contrast, this number is over 60 per cent for consumers in the UK, France and Germany, BCG said in its latest ‘Global Consumer Radar’ report.
The BCG report covered developed countries France, Germany, UK, US, Japan and developing nations Mexico, Brazil, India and China.
As per the report, 61 per cent of Indian consumers expect continuous good times versus 34 per cent who expect widespread unemployment or depression, implying a net optimism of 27 per cent.
This is second only to China and far above the​Consumer sentiment in India has shown steady momentum over the year aided by robust GDP growth and the country continues to be one of the most optimistic markets with 61 per cent of consumers expecting continuous good times, according to global consulting firm BCG.
Indian consumers are also unfazed by ongoing geopolitical conflicts as only 17 per cent net consumers believe that recent global conflicts or political events will slow down the country’s growth, 2nd lowest after China. In contrast, this number is over 60 per cent for consumers in the UK, France and Germany, BCG said in its latest ‘Global Consumer Radar’ report.
The BCG report covered developed countries France, Germany, UK, US, Japan and developing nations Mexico, Brazil, India and China.
As per the report, 61 per cent of Indian consumers expect continuous good times versus 34 per cent who expect widespread unemployment or depression, implying a net optimism of 27 per cent.
This is second only to China and far above the ​Latest News [ SOBAN NEWS: International and National ]
