fintech / news / / CNBC TV18
Visa report says Indias affluent consumers are rapidly growing and shifting from ownership to experience led spending.
India's affluent earners have nearly doubled from 69 lakh to 130 lakh in recent years.
KEY POINTS
- Affluent spending is shifting from ownership to experience-led purchases, such as travel and dining.
- Secondary cities like Ahmedabad and Surat now show affluent consumption patterns similar to major metros.
- Cross-border spending penetration among India's elite segments has reached 63%.
- Affluent Indians increasingly prefer integrated ecosystems offering multiple lifestyle services for convenience.
COMPANIES
Summarized by Newsio from CNBC TV18. How we summarize →