Rural consumption in India continues to grow, narrowing the urban-rural gap in monthly per capita consumption expenditure (MPCE) to 70% in 2023-24, down from 84% in 2011-12. Both rural and urban areas saw increased expenditure, especially on non-food items
The AIoT platform, for which the price was yet to be revealed, can be used for real-time energy monitoring in retail, residential, mobility, healthcare, agriculture and commercial spaces.