In India, the net national disposable income was INR 80,472.32 billion ($ 1,129.47 billion) in 2011–2012, which rose to INR 15,2454.82 billion ($2,139.78 billion) in 2017–2018, according to the Reserve Bank of India. This increase in the disposable income has also resulted in a surge in the spending power of consumers, which, in turn, has led to a high demand for different products, such as footwear, clothing, and electronics. These products make use of hot melt adhesives; for example, in ... Read more
