MAM
Madan Sanglikar bids adieu to Mindshare
MUMBAI: Mindshare India principal partner, invention Madan Sanglikar has decided to call it a day. He had been with the company for four years and six months.
Speaking to indiantelevision.com, Sanglikar said, “It‘s been a fantastic journey and I have learnt a lot.” He refrained from commenting upon his future plans as of now.
Sanglikar started off his career in 1995 and has worked for firms like Mediaturf, Sify, Starcom Worldwide and GroupM Media India.
He has played a key role in setting up a new age digital media team for Mindshare India keeping the paid, owned and earned ecosystem in mind. His total experience in the digital space spans around 11 years.
MAM
Gen X to drive $500Bn consumption by FY30
Report highlights preventive healthcare at $73B, nutraceuticals at $20B and efficacy-led premiumisation in beauty.
MUMBAI: India’s Gen X isn’t just ageing gracefully, they’re quietly rewriting the premium playbook, one deliberate purchase at a time. Redseer Strategy Consultants has released its consumer outlook report, “The Sorted Generation: Gen X as India’s Hidden Consumer Powerhouse”, spotlighting Generation X as the next major force shaping India’s consumption landscape over the coming decade. The analysis reveals Gen X financially secure, digitally confident, and outcomes-focused is poised to consume over $500 billion worth of goods and services by FY30, driven by rising per-capita spending and a shift toward credibility, convenience, and measurable results.
Key projections include:
- Preventive healthcare spending scaling to $73 billion by FY30 (17 per cent CAGR), as Gen X moves from reactive care to longevity-led prevention.
- Nutraceutical market reaching $20 billion by FY30 (25 per cent CAGR), reflecting an outcomes-first approach to daily wellness.
- Beauty and personal care for Gen X projected at $8 billion by FY30, with preferences tilting from trends toward proven treatments.
- Travel becoming slower, more indulgent and comfort-led, with a 25 per cent YoY rise in alternative accommodation (luxury villas, boutique stays) and strong demand for premium cabins and five-star properties.
- Education as “legacy spend”, with urban Gen X families investing Rs 10–20 lakh per child annually, alongside growing adoption of Cambridge, IB schooling, and overseas programmes.
Redseer partner Mrigank Gutgutia said, “Gen X is perhaps the most understated force in India’s consumption story. This is a generation that has moved past discretionary trial and now spends with deliberation on stronger health outcomes, deeper travel experiences, better-designed homes, and quality built to endure. As India’s retail market approaches the trillion-dollar mark, Gen X will shape where premiumisation acquires substance and where long-term brand loyalty is built.”
The report underscores a deeper shift, premium for Gen X isn’t about flash, it’s about reliability, efficacy, and ease. Purchases lean toward certainty over experimentation, with trust, service quality, and tangible results dictating choice. For brands, this means pivoting from loud acquisition to deeper retention, experience design, and consistency across touchpoints.
As India’s media and entertainment sector eyes trillion-dollar potential, the Gen X lens highlights repeat behaviour, retention-led growth, and margin resilience as key drivers in outcomes-led premium categories. In a market racing toward scale, this “sorted” generation isn’t just spending, they’re quietly deciding what premium really means for the next decade.
