India’s middle-class is having a meltdown: Report reveals 3 key threats to its survival
India’s once-thriving middle class is now grappling with economic challenges that have significantly impacted their consumption patterns. According to a report by Marcellus Investment Managers, the slowdown is rooted in three primary factors: technological disruptions, a cyclical economic downturn, and deteriorating household balance sheets. Routine and repetitive jobs that once formed the backbone of middle-class … Read more