India, as one of the world's fastest-growing economies, has experienced a significant expansion of its middle class in recent decades. The emergence of a strong middle class is a crucial component of a nation's socio-economic development, as it signifies rising incomes, increased purchasing power, and enhanced social mobility. The growth of the Indian middle class has garnered attention globally due to its potential to drive economic growth, spur consumption, and foster social change. This research paper examines the remarkable expansion and transformation of the Indian middle class over the past few decades and its implications for India's economy and society. The paper explores the factors driving the growth of the middle class, analyzes its socio-economic characteristics, and discusses the manifold impacts of this phenomenon. The study draws upon empirical data, scholarly research, and expert opinions to provide a comprehensive understanding of the Indian middle class, shedding light on its role as a catalyst for economic development and social transformation in India.

Keywords: Economic Growth, Socio-Economic Development, Purchasing Power, Social Transformation.