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Affluent India embraces experience spending as travel takes 58 percent discretionary wallet
Economy
Published on 28 April 2026
Travel now leads the discretionary spend, not shopping
A new report finds India’s affluent consumers are shifting from goods to experiences, with travel alone claiming 58% of their discretionary wallet. As wealth grows, spending is also moving beyond major metros into wider markets. Dining, luxury and retail remain key, but the mindset is changing toward personal identity and access over ownership.
- Travel accounts for 58% of affluent discretionary spending
- Buying is giving way to experiences and identity-led consumption
- Spending growth is spreading beyond big cities
- Luxury is shifting from ownership to access
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times