India was once a cash economy governed by middle-class values. If you didn’t have it, you didn’t spend it. Thanks to credit cards and a young generation that expect the finest things in life, India has a debt problem. But what opportunities can ‘putting it on credit’ bring?

Cash is king in India, where many people use their debit cards solely to withdraw money from ATMs. But mobile commerce is taking off, with e-commerce giants Amazon and Alibaba driving an increasing openness to e-payments and internet banking by introducing mobile payment systems.

Following India’s demonetisation initiative in late 2016, which was intended to alleviate the country’s black money problem, many Indian couples who were planning on using IVF clinics to help then conceive are now postponing appointments to save cash for more urgent needs.

The used goods market in India is expected to grow to $18.4 billion in 2015. Who’s driving it? Savvy young married couples in urban areas – they’re buying anything from books to cars online. But it’s also this group that are selling. How is a desire to de-clutter fuelling India’s second-hand market?