India's consumer market is expected to grow by 46% by 2030, driven by rising incomes, urbanization, digital transformation, and a shift towards branded and organized retail.
Indians are significantly increasing their expenditure on grooming products, especially via e-commerce, where online sales of grooming devices are growing twice as fast as the offline market.
The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...