May 10, 2024 7:22 PM

India poised to become world’s third largest consumer market by 2026 outpacing Germany, Japan

India is set to solidify its position as a global economic powerhouse as it gears up to become the world's third-largest consumer market by 2026, according to the 'India Economic Perspectives' report by UBS.   Despite facing challenges, the country's consumer market has shown remarkable resilience and growth over the past decade. According to the report, India is expected to outpace Germany by 2024 and Japan by 2026, solidifying its position as a global economic powerhouse. The count...