India's consumer durables market to reach Rs 5.39 lakh crore by FY30 as startups target niche segments

economictimes.indiatimes.com

India's consumer durables market is projected to reach Rs 5.39 lakh crore by FY30, driven by a 14% CAGR. This growth is fueled by increasing demand for smart, energy-efficient appliances like televisions, air conditioners, and refrigerators, creating opportunities for startups. Startups are innovating in niche segments, offering localized, affordable, and differentiated products, with a growing shift towards online sales channels.


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India's consumer durables market to reach Rs 5.39 lakh crore by FY30 as startups target niche segments | News Minimalist