02-November-2026
Economy News
 
Indian households shifting spending towards non-food items, services as consumption patterns evolve: Report
02-Nov-2026

Indian household consumption is likely to become increasingly diversified, with spending gradually moving beyond food essentials towards non-food products and services, as changing dietary preferences and household structures reshape consumption patterns, according to an research report by SBI Research. Food expenditure accounts for around 32.82 per cent of total household consumption expenditure, while non-food items and services together constitute nearly 67 per cent, indicating a gradual shift towards a more diversified consumption basket, the report titled 'India's Consumption Journey' said.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/indian-households-shifting-spending-towards-non-food-items-services-as-consumption-patterns-evolve-report/articleshow/135393080.cms