India at 2047: The Consumer Story – Conference Outcome Report

UKIBC hosted an ‘India by 2047’ Consumer Conference on Wednesday, 29 November, 2023 in Mumbai to bring together Indian and UK business, government and academia to examine India’s growth story and how, as we approach India at 100 in 2047, rising prosperity will substantially change consumption and investment patterns in India.

The event, which heard from distinguished speakers: His Majesty’s Trade Commissioner for South Asia, Harjinder Kang; Chairman and Managing Director, Raymond Ltd, Gautam Hari Singhania; CEO – Lifestyle Business, Raymond Ltd, Sunil Kataria; Group CEO, UKIBC, Richard McCallum, and UK and Indian businesses invested in India, underlined the enormous opportunities coming from India’s rising middle class and growing purchasing power.

UK businesses highlighted their ongoing commitment to supporting India’s growth going forward and partnering with Indian business to the benefit of both countries.

This outcome report captures some of the insights and projections made on the day.

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