India’s Gen Z, people born between 1997 and 2012, is set to become a major force in the country’s consumer economy. By 2030, this group will make up 27 per cent of India’s population and command USD 1.3 trillion in consumption, according to a report by Redseer Strategy Consultants. "Gen Z will occupy a greater share of the population, and command USD 1.3 trillion in consumption by 2030. By 2030, the group is projected to drive half of India’s fashion market, covering apparel, footwear and accessories. "By 2030, Gen Z will drive USD 40 billion in fitness and sports consumption,” Redseer stated.

Source: The Telegraph March 15, 2026 13:45 UTC