EMIS Emerging Market Information Service India Retail Sector | Page 15
Indian Population and the Retail Market
Rising Incomes Will Change India’s Social Structure
2015
2025
2015
2025
2015
2025
Number of Households,
mn
Number of Households,
mn
Aggregate Disposable
Income, INR tn
Aggregate Disposable
Income, INR tn
Aggregate Consumption,
INR tn
Aggregate Consumption,
INR tn
3.3
9.5
6.3
21.7
4.1
14.1
5.5
33.1
3.8
20.9
2.7
16.5
Seekers (200-500)
55.1
94.9
15.2
30.6
11.8
24.6
Aspirers (90-200)
106
93.1
14.6
13.7
12.2
11.9
Deprived (<90)
74.1
49.9
3.8
2.6
3.3
2.4
Household Income
Brackets, Annual (thou
INR)
Globals (>1,000)
Strivers (500-1,000)
Middle
Class
India's Population and the Retail Market
Population 2001,
million people
120%
Population 2015
(Est.),
million people
100%
% Population Living in:
Metros and Mini-Metros, 8 cities
67
130
15%
80%
6%
Metros and Mini-Metros
2%
18%
20%
6%
3%
7%
60%
Top Cities (Population > 1 million), 27 cities
37
72
Top Cities
Lar