BusinessIndian Durables Market to Reach Rs 3-3.25 Lakh Crore by 2030
India's consumer durables market is projected to grow 8-10% annually, reaching Rs 3-3.25 lakh crore by 2030, according to a BCG and CII report. This growth could generate an additional Rs 40,000-50,000 crore in local manufacturing. Factors driving expansion include rising incomes, better consumer financing, premiumisation, replacement demand, and low appliance penetration. The opportunity depends on strengthening India's component manufacturing ecosystem.
NDTV Business·4h ago




