New Delhi, Dec. 16 -- India has become one of the world's most optimistic consumer markets, said a report of Boston Consulting Group (BCG) on Tuesday.
The report revealed that most Indian consumers are optimistic concerning the growth of their personal incomes, job prospects, and future purchases, even in the face of uncertain global conditions.
The growing optimism is due to continued economic growth, a decrease in inflationary pressures, increased labour market opportunities, and an increase in expectations among the middle class.
On the other hand, advanced and emerging economies have lesser consumer confidence than India.
Indian consumers are more willing to spend on goods and services than those in other countries, which is a sign ...