India’s middle class – 40 million income-tax filers earning between `5,00,000 and `1,00,00,000 annually – has reached a critical inflection point. The consumption-driven growth model that powered India’s post-1991 economic rise is collapsing under the weight of three simultaneous shocks: technological disruption eliminating white-collar employment faster than new jobs emerge, wage stagnation eroding purchasing power as inflation for several essential products and services ramps at double digits, and explosive household debt levels now exceeding those of the US and China.

Graduate unemployment stands at 29 per cent – nine times higher than for illiterates. India’s IT sector is shedding hundreds of thousands of jobs as AI reshapes work. Real wages have flatlined while nine million Indians have lost over $35 billion in speculative trading. FMCG volume growth has collapsed from 10 per cent to 3 per cent. With consumption accounting for 60 per cent of GDP, India’s growth story is at risk.

Drawing on extensive data, this book from the acclaimed author of Coffee Can Investing reveals how India reached this breaking point – and charts the path forward. Amidst the crisis lies an entrepreneurial revolution, aided by policy changes and changing social attitudes, that could reshape the Indian economy. The middle-class mutiny has begun. Will it end in collapse or transformation?

About the Author

Saurabh Mukherjea is the founder of Marcellus Investment Managers. He has written six bestselling books.

Nandita Rajhansa is an economist and a small and midcap analyst at Marcellus Investment Managers, where she has been working for more than five years. She has co-authored a national bestseller, Behold the Leviathan (2024).

Sapana Bhavsar is a human resources leader and has been contributing to this field for last two decades. She is a gold medallist from Mumbai University, where she earned her Master’s in Labour Studies in 2006.

"About this title" may belong to another edition of this title.

Store Description

We are new to the on-line trade but with solid experience of two decades, we carry large stocks of books on various subjects in our show room. The subjects we carry in stock are - Academic, Ancient & Classical Art, Archaeology, Architecture, Art History, Astrology, Auto- biographies, Books from India, Biology, Biographies, Computer Science, Dictionaries, Decorative Art, Design, Economics, Ethnic Arts & Crafts, Fashion & Jewellery, Gardens & Landscape Design, Geography, Graphics, History, Homeopathy, Karma, Language, Law, Linguistics, Medicine, Modern & Contemporary Art, Music & Performing Art, Mythology & Religion, Numismatics, Philately, Pleasure, Political Science, Photography, Research, Science & Environment, Scientific, Style & Interiors, Technical, Terrorism, Textiles & Carpets, Travel & Topography, Western Art, Wildlife, Yoga.

Visit Seller's Storefront

Seller's business information

Books in my Basket
India

Sale & Shipping Terms

Terms of Sale

All books are new, otherwise mentioned. Books can be
returned if found damaged during shipment or the wrong
title has been supplied. Books are shipped by SAL Mail (non -trackable service), The books can also be
shipped by Fedex/DHL, kindly mail us for the rates.

Shipping Terms

Orders usually ship within 3-5 business days. Shipping costs are based on books weighing 1.5 LB, or 800 gms. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

Shipping rates from India to U.S.A.

Shipping rates from India to U.S.A.
Order quantity	25 to 30 business days	8 to 12 business days
First item	US$ 20.93	US$ 40.12

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.