Growth Opportunities Portfolio - Automotive Sector

Almost 3 billion people, mostly from emerging markets – more than 40% of today’s population – will join the middle class by 2050. This will increase the share of consumption demand in emerging markets from one third of global consumption to two third by 2050.

And when 3 billion people in emerging markets get rise in income, the market for discretionary items is set to explode. And the biggest of these markets are going to be China and India. One of the biggest beneficiary of this change in consumption pattern would be automotive sector.

This is going to happen because as of now we are at very early stage of development, as workers are increasingly better equipped with more machinery and technology and their level of skills rises, their productivity will increase, GDP will continue to expand and alongside it the workers’ real incomes.


Automotive Sector Research Report - Click here to download