Affleunt households in Indian urban area

When researching for the Indian market, I have been trying to find out how many urban household are there and the income level. On 13th September a very interesting article by Indicus Analytics was published in the Mint newspaper.

Using data from that, we can see that there are 7 Million households above the income of Rs. 5L rupees out of which 2.1 Million households are there in the 5 Metros alone.



Population Cities
Notable city Households (M)
Total Population (M)
Households with > Rs 5L Income
Metro >5 M  5
Delhi, Mumbai, Kolkata, Chennai, Bangalore 12.1
49.2
17.9%
Mini-Metro > 3 M 5
Hyderabad, Ahmadabad, Pune, Coimbatore, Chandigarh 3.8
15.9
18.6%
Tier I > 1 Million 33
Allahabad, Jodhpur, Vishakapatam 10.5
48.2
13.8%
Tier II Between 0.6-1M 28
Bhuvaneshwar, Thiruvanantapuram, Ranchi, Raipur 4.9
21.7
14.4%
Tier III Between 0.2-0.6M 152
Vellore, Sonepath, Siliguru, Agartala, Shimoga 11
49.2
12.2%
Tier 4 Between 0.1-0.2M 201
Shimla, Abmala, Dibrugarh, Wardha 6.8
30.4
11.6%
Semi-urban < 0.1M 4,600

28.8
129
10.0%

More of this article can be ready on this

Comments

Popular posts from this blog

The Selfish Organization: How Internal 'Selfish Genes' Sabotage Organizational Success

Monkeys and Alligators: My ADHD Journey

The Battle for Economic Dominance: The new cold war