According to Deloitte's latest Consumer Signals India Chapter, Indian consumers are adopting a more cautious approach to spending due to economic and geopolitical uncertainties. The report highlights that spending is primarily concentrated on essential items, with a notable trend towards premiumization in sectors like travel and food. While the overall intent for leisure travel has slightly declined, consumers are prioritizing high-value experiences, such as full-service airlines and upgraded accommodations. Vehicle purchase intent has moderated, with many consumers feeling their current vehicles suffice; however, interest in electric vehicles remains robust at 60%. The Financial Wellbeing Index for India improved to 111.1 in March 2026, surpassing global averages. Despite stable financial confidence, 73% of consumers expect rising prices, particularly in utilities, where concern has increased significantly. This evolving consumer behavior reflects a shift towards purposeful consumption, balancing aspiration with financial prudence.