India’s Great Economic Divide Across Five Sectors

Post pandemic, there has been an unprecedented divergence in consumption patterns: the rich have been splurging on luxury cars, jets, gadgets and holidays. But sales of consumer goods in rural areas have slowed down; affordable and entry gadgets, appliances, two wheeler and cars have massively slumped as rising inflation has sapped the purchasing power of the urban poor and rural population. Host Anirban Chowdhury tracks the widening divide between the rich and poor through five sectors: FMCG, smart phones, automobiles, hotels and restaurants with Manoj Menon, Head of Research and Consumer Analyst, ICICI Securities, Navkendar Singh, associate vice president at IDC India, Nikunj Sanghi, former president, Federation of Automobile Dealers Associations, Rajesh Magow, Group CEO at Makemytrip and Chef Manu Chandra, Founder, Single Thread and Lupa If you like this episode from Anirban Chowdhury, check out the other episode on Are Startup Community Funding Platforms Gaming The System?, The Great Indian YouTube Thali and more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin.  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.