In financial year 2021, the amount of loans issued in India for consumer durables was around 3.3 billion U.S. dollars, an increase in comparison to the previous year. The Indian consumer durables market can be distinguished as urban and rural markets, and with still relatively low penetration rates compared to other countries, it has great potential to grow.
Consumer durable loans in India from financial year 2020 to 2021
(in billion U.S. dollars)
Characteristic
Loans in billion U.S. dollars
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India Brand Equity Foundation. (April 1, 2022). Consumer durable loans in India from financial year 2020 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1319362/india-consumer-durable-loans/
India Brand Equity Foundation. "Consumer durable loans in India from financial year 2020 to 2021 (in billion U.S. dollars)." Chart. April 1, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1319362/india-consumer-durable-loans/
India Brand Equity Foundation. (2022). Consumer durable loans in India from financial year 2020 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1319362/india-consumer-durable-loans/
India Brand Equity Foundation. "Consumer Durable Loans in India from Financial Year 2020 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Apr 2022, https://www.statista.com/statistics/1319362/india-consumer-durable-loans/
India Brand Equity Foundation, Consumer durable loans in India from financial year 2020 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1319362/india-consumer-durable-loans/ (last visited July 03, 2024)
Consumer durable loans in India from financial year 2020 to 2021 (in billion U.S. dollars) [Graph], India Brand Equity Foundation, April 1, 2022. [Online]. Available: https://www.statista.com/statistics/1319362/india-consumer-durable-loans/