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Investor Presentaiton

Rising affluence - India poised for sustainable growth Fifth largest and fastest growing economy India's GDP (in USD)1 Took 67 years to reach first trillion 8 years to add another trillion And just 5 years to add third trillion! 46% 165 mn households 30% 91 mn households 1 tn 2 tn 3.5 tn India's middle income segment as % of all households³ 2020 2030 • Investment in physical and digital building blocks to further drive growth 1.45 lakh kms Total length of National Highways, an increase of 59% in past 9 years4 2nd largest road network after USA UPI UNIFIED PAYMENTS INTERFACE 74 bn Transactions worth Rs 1.3 bn processed via UPI in calendar year 2022, fastest growth in tier 2 and 3 Demographic dividend- youngest economy¹ India's per capita income "At average age of 29 years, India to remain the youngest economy till 2070" USD 4,000 USD 2,450 • $ 808 Total PLI outlay of >$26bn GFCF6 to be >30% over the next 5 years5 India surpassed Q2 growth expectations, growing by 7.6%. Expected to be third largest economy by 20302 1. Invest India 2. MOSPI; S&P Global Market Intelligence 3. 4. 35 5. CLSA, NDTV Profit 123456 2023 2030 India's per capita income is likely to grow by nearly 70% by 20304 People Research on India's Consumer Economy (PRICE); average size of an household is 4.4 as in 2021 Standard Chartered Bank Gross Fixed Capital Formation across sectors and • Capex distributed evenly Bank credit to be 60% of GDP by FY30 from 50% currently5 geographies5 The government will boost capital investment outlay by 33% to $120bn in FY24 HDFC Life
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