India: greatness and complexity

India is the fourth largest furniture market in the world, climbing from 10th place ten years ago to reach a value of around US$ 19 billion in 2023. Economic growth will be strong in 2023 and is expected to continue in 2024 (+6%, real GDP growth). 2023 will be remembered as the year when India overtook mainland China to become the world's most populous country, with more than 1.4 billion people.