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      Question

      What is the expected share of India in global

      consumption by 2050, according to projections?
      A 10% Correct Answer Incorrect Answer
      B 12% Correct Answer Incorrect Answer
      C 14% Correct Answer Incorrect Answer
      D 16% Correct Answer Incorrect Answer
      E 18% Correct Answer Incorrect Answer

      Solution

      India’s share in global consumption at purchasing power parity (PPP) is projected to rise to 16% by 2050. This would place India as the second-largest contributor to global consumption, only behind North America. This increase from 9% in 2023 demonstrates India’s growing economic power.

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