MUMBAI: Asia Index, a subsidiary of BSE, announced the launch of its new thematic index, the BSE Premium Consumption Index, on Thursday.
The index is designed to capture the performance of companies that are associated with premium consumer spending, selected from the BSE 500 Index based on free-float market capitalisation.
This launch provides investors with an opportunity to benefit from India’s growing trend of premiumisation, driven by rising disposable incomes, increased demand for lifestyle and wellness products, and the country’s strong economic growth.
Ashutosh Singh, MD and CEO of Asia Index, noted, “The launch of the BSE Premium Consumption Index comes at an ideal time, as India’s consumer landscape is witnessing a clear shift toward premium products, reflecting the broader trend of growing affluence and changing consumer preferences. This index offers a distinct investment opportunity linked to the future of consumption in India.”
This new index reflects key sectors associated with high-end consumer spending, providing insights into the evolving premium consumption patterns across industries in India.
