News

Indian shoppers increase spending

18/09/2008

Indian shoppers will spend close to $500 billion on consumer goods and services in 2010, up from $360 billion last year, according to a bullish outlook released on September 18.Retailers expect 300 million aspirational middle-class Indians to shop much more in the near future, their confidence buoyed by likely wage rises of 15% a year over the...

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