Millennials want a healthier lifestyle

The pan-India survey, in which more than 30,000 respondents took part – with more than 65 per cent from metro cities — has highlighted how millennials have become keen on savings and insurance

PRAVASISAMWAD.COM

Covid-19 has impacted all of us. Millenials, for example, have started thinking differently about health, savings and credit appetite, according to the ‘Millennial Mood Index 2021’ survey released by CASHe. The pan-India survey, in which more than 30,000 respondents took part – with more than 65 per cent from metro cities — has highlighted how millennials have become keen on savings and insurance.

Speaking about millennials, V Raman Kumar, Founder Chairman of CASHe said that their “unwavering ‘can do’ spirit has put them at the global centre stage while showcasing India as the largest millennial market to lure in brands across the globe. They have the potential to redefine India’s investment & consumption story, which will play a critical role in the post-pandemic era.”

According to the findings, more than 84 per cent millennials across India have stepped up their wealth management strategies to prepare for future contingencies.

As for eating out at restaurants, more than 52 per cent said that even if they ate outside, they would prefer restaurants that observed health, safety and social distancing norms. More than 20 per cent said they had started ordering food online using online payment methods, as they could enjoy it from the comfort of their homes

While 52 per cent of the respondents said they have scaled up their savings, 35 per cent purchased comprehensive health and life insurance plans, while the remaining 13 per cent have committed to more extensive investment programmes.

There is also a focus on health consciousness among Indian millennials. The MMI report stated that more than 71 per cent of millennials had grown more health conscious amid the pandemic. As for eating out at restaurants, more than 52 per cent said that even if they ate outside, they would prefer restaurants that observed health, safety and social distancing norms. More than 20 per cent said they had started ordering food online using online payment methods, as they could enjoy it from the comfort of their homes.

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