New studies throw fresh light on an expanding middle class, but they still don't tell the whole story.
The Economist article " The Elephant in the Room, India's missing middle class" published on January 18, 2018, was not always complementary to the Indian economy and its potential, although the article had several truths that might have hit home.
That should worry both government and companies
The Economist’s analysis of the middle class is too one-dimensional for an economy as complex as India’s