Financial Analyst and Institutional Investor Webcast
The Consumption Story - Exciting Opportunities Ahead
By 2030, India will add ~140M middle-class and ~20M
high-income HH
India will be one of the youngest nations by 2030, Gen Z
and Millennials will form 77% of India's population
Population by age groups (%)
#HHs
293M
High
8M (3%)
Upper mid
61M (21%)
386M
Age in years
100%
6%
8%
>=65
High 29M
(7%)
3%
4%
21%
9%
11%
60-64
80
6%
50-59
Upper mid
11%
37%
37%
168M (44%)
60
40
60
(Millenials
25-49
born during
1981-2005)
15-24
33%
40
<15
Lower mid
18%
16%
Gen Z: Digital
12%
Natives (born
20
20
2006 onwards)
27%
24%
18%
Low
57M
(15%)
2030F
0
India (2018)
India (2030F)
USA
Median age
(years)
-28
31
40
Lower mid
97M (33%)
132M (34%)
Low
127M (43%)
2018
Source- Bain & Company report on Future of Consumption in India 2018-2030
Nestlé India - Financial Analyst and Institutional Investor Webcast, 26th Feb 2021
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