NSE DRHP: India's ₹8L+ income households to hit 42.74% by FY31, expanding premium consumption base
NSE's DRHP data projects households earning above ₹8 lakh annually will rise from 34.38% in FY26 to 42.74% by FY31, with GNI per capita at ₹2,40,147. The affluent expansion signals a broader addressable market for premium retail, discretionary goods, and financial products, though top 10% still control 65% of wealth.
NSE DRHP projects households earning above ₹8 lakh will rise from 34.38% in FY26 to 42.74% by FY31, signaling rapid middle-class and affluent expansion that broadens India's addressable market for premium consumption and financial products.