India tops Credit Suisse emerging consumer scorecard 2015

India has topped in the list of Credit Suisse emerging consumer scorecard 2015, among the 9 emerging economies.

This scorecard was prepared by fifth annual Emerging Consumer Survey by the Credit Suisse Research Institute.

Key facts

  • The survey had interviewed consumers across nine emerging economies including Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa and Turkey.
  • Ranking of other countries: Brazil (2nd), Indonesia (3rd), Saudi Arabia (4th), China (5th), Turkey (6th), Mexico (7th), Russia (8th) and South Africa (9th).
  • This survey had profiled the consumer sentiment and its drivers across the emerging world. Thus, providing insights regarding consumer sentiment and future consumption patterns in emerging economies.
  • As per the survey, the formation of a strong government at the centre in India had triggered a major revival of consumer sentiment in 2014.
  • It also mentioned that, e-commerce share in India have increased to 32 per cent from 20 per cent in 2013.
  • In 2014 survey, India was placed at fourth position.

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Categories: Business, Economy & Banking