Indian consumers powering global growth for multinationals: Bain & Co

According to Ravi Swarup of Bain & Company, India’s consumers are emerging as a major force in global growth, driven by rising incomes, premium spending, and digital access. Quick commerce and e-commerce are expanding consumption, with 60–70% of demand being incremental. Though still a small retail share, India contributes up to 30–50% of growth for many multinationals.