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India's Rs 8 Lakh Crore Wellness Industry: Nikhil Kamath Sees Potential In India's Booming Fitness Industry Amid Growing Health Consciousness

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Zerodha co-founder Nikhil Kamath eyes India's booming Rs 8 lakh crore wellness industry, citing growth potential. He highlights rising consumer interest but limited business involvement, with 98% of spending from the wealthiest 35%.
The article discusses the burgeoning wellness industry in India, which is currently valued at Rs 8 lakh crore and is expected to grow significantly. Nikhil Kamath, co-founder of Zerodha, highlights the potential in this sector due to increasing health consciousness among Indians. The industry encompasses various segments like fitness, nutrition, and alternative medicine, driven by a shift towards preventive healthcare, rising disposable incomes, and a cultural shift towards wellness. Kamath points out that the trend is not just limited to urban areas but is spreading to smaller cities as well, fueled by digital platforms that make wellness services more accessible. He also notes the integration of technology in fitness regimes, personalized health plans, and the rise of wellness tourism, indicating a holistic approach to health that combines physical, mental, and emotional well-being.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/health/mindandbody/india-s-rs-8-lakh-crore-wellness-industry-nikhil-kamath-sees-potential-in-india-s-booming-fitness-industry-amid-growing-health-consciousness/ar-AA1zZ1wX ]