Rapid GDP Growth
The rapid GDP growth in the fiscal year 2022-23 was marked by an impressive growth rate of 7.2%.
The first of its kind Bharat Global Expo in India. It is not just an event; it is a curtain raiser for India’s ever-growing Consumer and retail market. Consumption Expenditure in India is expected to touch $ 4 Trillion by 2025 with a 12% year on year expenditure growth.
Rapid GDP Growth
The rapid GDP growth in the fiscal year 2022-23 was marked by an impressive growth rate of 7.2%.
3rd Largest Economy by 2027-28
The nation is poised to become the 3rd largest economy by 2027-28, with its current GDP at USD 3.75 trillion. It is projected to reach USD 35 trillion by 2047.
Rising Per Capita Income
The nation's per capita income is on the rise, currently at USD 2,350, and is expected to soar to USD 26,000 by 2047.
Young Workforce
The country boasts the 2nd largest working population, with 522 million individuals and a median age of 28 years.
3rd largest startup ecosystem
The country has the 3rd largest startup ecosystem, featuring 107 unicorns with a combined valuation exceeding USD 340 billion.
Towards Net Zero
4th largest producer of RE/Solar Power, to unlock USD 1 Tn investment in solar in India by 2030.
India’s consumer market is undergoing a remarkable transformation fuelled by urbanisation, rising incomes and digital transformation. A burgeoning desire for quality products, ensuring sustainable and inclusive development, India offers a tantalizing opportunity for international brands to tap into its vast consumer base.
Government of India and Bharat Global Expo have a strong focus on encouraging sustainable products having low carbon footprints. India’s evolving regulatory environment and pro-business policies make it increasingly conducive for foreign investment, further incentivizing international brands to establish a presence in the Indian market.
Bharat Global Expo will feature exhibits and event covering international brands and products of the highest standards in Consumer goods, Fashion & Lifestyle, Food & Agricultural Products, Intelligent and future ready technologies, Medical Equipment and Healthcare Services, Premium luxury goods and many more.
India’s economic growth over the past two decades has significantly elevates the purchasing power of its citizens. Aspiration for a better lifestyle drives consumption pattern. India’s sheer size presents an unparallel opportunity for brands to differentiate themselves by offering superior products and services tailored to the evolving needs & preference of Indian consumer.
Premium and luxury segments witness strong demand. Opportunities for investment are ripe especially in F&B, FMCG, retail and digital products.
India’s growth in the next 25 years will be clean, green, sustainable and reliable.
– Shri. Narendra Modi
Hon’ble Prime Minister of India