Indian consumers tighten wallets and postpone big buys as Deloitte flags shifting priorities

Published on 7 May 2026

Bigger purchases are delayed while EV interest accelerates

Indian consumers are tightening their spending, prioritising essentials and upgrading day to day experiences while postponing big-ticket purchases, Deloitte says. Shoppers are increasingly chasing value and quality rather than impulse decisions. At the same time, interest in electric vehicles is rising, suggesting households may be planning for future technology even as they remain cautious now.

Consumers are shifting spending toward essentials and experiences
Big-ticket purchases are being postponed amid uncertainty
Value and quality are driving purchase decisions
Electric vehicle interest is growing despite cautious budgets

#deloitte #consumer spending #economic uncertainty #big ticket purchases #electric vehicles

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Indian consumers tighten wallets and postpone big buys as Deloitte flags shifting priorities

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