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4th November 2012, 06:20 PM
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Join Date: May 2012
Re: Mc Kinsey Global Institute India Middle Class

I am giving the Deutsche Bank research details of middle class in India for your reference. Go through it. The middle class is not (yet) the biggest segment of India’s overall population. Given all the attention focused on India‟s middle class in recent years, it is important to keep a proper perspective on its size and potential purchasing power. While there is no official definition of the middle class, estimates range from 30 million to approximately 300 million people. Even using the most generous estimates of the group‟s size, the middle class comprises less than 30 percent of the population.

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