India’s Great Economic Divide Across Five Sectors

The Morning Brief · Mar 9, 2023 · 30m

Post pandemic, there has been an unprecedented divergence in consumption patterns: the rich have been splurging on luxury cars, jets, gadgets and holidays. But sales of consumer goods in rural areas have slowed down; affordable and entry gadgets, appliances, two wheeler and cars have massively slumped as rising inflation has sapped the purchasing power of the urban poor and rural population. Host Anirban Chowdhury tracks the widening divide between the rich and poor through five sectors: FMCG, smart phones, automobiles, hotels and restaurants with Manoj Menon, Head of Research and Consumer…