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, as per a BCG-CII report. The expansion could add ₹40,000-50,000 crore in domestic manufacturing value. Growth drivers include rising incomes, premiumisation, and nuclear family trends, while deeper localisation and component manufacturing remain key challenges.