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TL;DR India’s middle-class consumption doesn’t rise gradually with income — it jumps sharply at specific thresholds. Households crossing ₹7 lakh and ₹12 lakh annually trigger disproportionate bursts in durables and lifestyle purchases. Car ownership (elasticity 88) is the strongest affluence signal. The next consumption wave is already queued up just below these thresholds. Key Takeaways […]

India’s plan to scale installed power capacity to 1,121 GW by FY36 is more than an energy headline. It is a long-duration infrastructure story with implications across generation, transmission, electrical equipment, cables, transformers, and selective fund positioning.
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