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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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