The Confederation of Indian Industry (CII), in partnership with Boston Consulting Group (BCG), today launched a report on India’s Consumer Durables Market at CII Consumer Electronics & Durables Summit 2026 on 24 Sept 2026, highlighting the sector’s significant growth potential and the opportunity to deepen domestic value creation. The report projects India’s consumer durables market to grow at 8–10% annually through 2030, reaching Rs 3 – 3.25 Lakh crore, driven by rising household incomes, increasing access to financing, changing consumption patterns and significant under-penetration across key categories.
The report highlights that this market expansion could create an incremental Rs 40,000 – 50,000 crore opportunity for domestic value addition across materials and conversion over the next five years. However, at the current trajectory of localisation, a significant share of this opportunity could continue to be met through imports by 2030. The report identifies deeper localisation of critical components as an important priority, with technology access and scale economics emerging as key barriers.