Asia's middle class population, led by China and India, will replace the role of the US and Europe as engines of growth for the world economy, said the Asian Development
Middle-income group has sharply cut expenditure by nearly 49 per cent on entertainment, eating out and leisure shopping due to pocket-pinching
India’s remarkable economic growth and a growing middle class have put domestic as well as international firms on an expansion overdrive. This has created robust job opportunities.
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