India's consumer durables market to hit ₹3.25 lakh cr by 2030: Report

India's consumer durables market is projected to grow 8–10% annually, reaching ₹3–3.25 lakh crore by 2030, per a BCG-CII report. Rising incomes are driving appliance demand. Domestic component sourcing may reach 80% by 2030. The report urges manufacturing clusters and higher R&D spending, as top firms currently invest under 1% of revenue in research.