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Indian Experiential Spending to Surpass Goods Spending by 2025-2030

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New Delhi, June 22 (IANS) Spending by Indians on experiences — recreational and cultural activities, restaurants, hotels and travel — is expected to outpace spending on physical goods between 2025 and 2030, a report said on Monday.During this period household expenditure on physical goods is likely to grow at a 9.1 per cent compound annual growth rate, while broader experiential spending will likely grow at 10.3 per cent CAGR, the report from real estate services and investment firm CBRE Resea…