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India Overview:
Consumer
Behavior
Prepared by:
Spire Research and Consulting
Date:
July 2018
Topic
1 Indian Economy Overview
2 Different regions of India
3 Key Tier 2 cities
4 Changing Socio Economic Classes
5 Access to Internet
6 Status and Future of E-Commerce Shopping
7 Money Spending habits and desires
8 Impact of country of Origin
Table of Content
Strong Economic Fundamentals
India is one of the largest and fastest growing economies in Asia
Average Monthly
Cost per Person 2017
Population
Metro
71.2 M
Tier 1 Cities
382 Mil
Cost of Labour
India
$1
China
$3.52
Japan
$36
Ease of Doing Business
Ranking
India:100/189
Japan:34/189
Number of Japanese
companies
GDP growth
Getting Credit
India:29/189
Japan:77/189
Cost of Capital
-0.1%
Metro Cities: Population of 4 million or more, T1 Cities: Population between 1 million to 4 million
Indian Regions
North
India (8)
South
India (9)
East India
(11)
West
India (5)
Constitutes of:
Haryana, Himachal
Pradesh, Jammu &
Kashmir, Punjab,
Rajasthan, Uttar
Pradesh,
Uttarakhand, and
Chandigarh (UT)
Key Sectors:
agribusiness,
renewable energy
(especially solar),
machine tools,
automotive and
medical/consumer
goods
End Consumers
spend more than
any other region
Constitutes of Tamil
Nadu, Karnataka,
Kerala, Telangana,
Andhra Pradesh,
and Odisha and also
have 3 union
territories
Ranks top among
ease of doing
business in India
Key Sectors:
automotive,
healthcare,
information
technology, fintech
services sectors
Have access to
multiple ports
Constitutes of West
Bengal, Bihar,
Jharkhand, Sikkim,
Assam, Meghalaya,
Nagaland,
Arunachal Pradesh,
Mizoram, Tripura,
and Manipur
Key Sectors: Mining,
metals and minerals,
agriculture and
similar industries,
service sector, oil &
gas, petrochemical,
paper, power
generation
It has least per
capita income in
India
Constitutes of:
Maharashtra,
Gujarat, Madhya
Pradesh,
Chhattisgarh, and
Goa
Key sectors:
conventional and
renewable energy,
chemical, electrical
and non-electrical
machinery, textiles,
petroleum, wine,
jewelry, pharma,
engineering goods,
machine tools, steel
and iron castings,
diamond cutting
and polishing and
plastic
Source: FICCI Study, Spire Data and Analysis
India offers many more locations beyond
the main cities
6 Megacities
New Delhi
(NCR)
Political Capital, Business Hub in the
North
Hyderabad Biotechnology Hub
Mumbai Financial Capital (Financial institutions.
Large Port
Chennai Manufacturing Hub
Bengaluru Technology Hub, IT Hub
Kolkata Trading Hub, largest City in west India
~40 Cities similar or larger than Osaka
20International Airports
105 Special Economic Zones / Free trade zones outside main cities
Tel: (65) 6838 5355
Fax: (65) 6838 5855
78 Shenton Way #20-01
Singapore 079120
sg.info@spireresearch.com
www.spireresearch.com

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India overview consumer behavior 180717

  • 1. India Overview: Consumer Behavior Prepared by: Spire Research and Consulting Date: July 2018
  • 2. Topic 1 Indian Economy Overview 2 Different regions of India 3 Key Tier 2 cities 4 Changing Socio Economic Classes 5 Access to Internet 6 Status and Future of E-Commerce Shopping 7 Money Spending habits and desires 8 Impact of country of Origin Table of Content
  • 3. Strong Economic Fundamentals India is one of the largest and fastest growing economies in Asia Average Monthly Cost per Person 2017 Population Metro 71.2 M Tier 1 Cities 382 Mil Cost of Labour India $1 China $3.52 Japan $36 Ease of Doing Business Ranking India:100/189 Japan:34/189 Number of Japanese companies GDP growth Getting Credit India:29/189 Japan:77/189 Cost of Capital -0.1% Metro Cities: Population of 4 million or more, T1 Cities: Population between 1 million to 4 million
  • 4. Indian Regions North India (8) South India (9) East India (11) West India (5) Constitutes of: Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, and Chandigarh (UT) Key Sectors: agribusiness, renewable energy (especially solar), machine tools, automotive and medical/consumer goods End Consumers spend more than any other region Constitutes of Tamil Nadu, Karnataka, Kerala, Telangana, Andhra Pradesh, and Odisha and also have 3 union territories Ranks top among ease of doing business in India Key Sectors: automotive, healthcare, information technology, fintech services sectors Have access to multiple ports Constitutes of West Bengal, Bihar, Jharkhand, Sikkim, Assam, Meghalaya, Nagaland, Arunachal Pradesh, Mizoram, Tripura, and Manipur Key Sectors: Mining, metals and minerals, agriculture and similar industries, service sector, oil & gas, petrochemical, paper, power generation It has least per capita income in India Constitutes of: Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, and Goa Key sectors: conventional and renewable energy, chemical, electrical and non-electrical machinery, textiles, petroleum, wine, jewelry, pharma, engineering goods, machine tools, steel and iron castings, diamond cutting and polishing and plastic Source: FICCI Study, Spire Data and Analysis
  • 5. India offers many more locations beyond the main cities 6 Megacities New Delhi (NCR) Political Capital, Business Hub in the North Hyderabad Biotechnology Hub Mumbai Financial Capital (Financial institutions. Large Port Chennai Manufacturing Hub Bengaluru Technology Hub, IT Hub Kolkata Trading Hub, largest City in west India ~40 Cities similar or larger than Osaka 20International Airports 105 Special Economic Zones / Free trade zones outside main cities
  • 6. Tel: (65) 6838 5355 Fax: (65) 6838 5855 78 Shenton Way #20-01 Singapore 079120 sg.info@spireresearch.com www.spireresearch.com