In this photograph taken on October 26, 2019 Vandita Morarka, 25, poses for a picture as she sits around rented furnitures during an interview with AFP in Mumbai. / AFP / PUNIT PARANJPE
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At 29, Spandan Sharma doesn't own a flat, a car or even a chair -- one of a growing number of Indian millennials bucking traditional norms and instead opting to rent everything from furniture to iPhones.Tens of thousands of young Indians are switching from buying to renting so they can live life with few strings attached.Even businesses are renting their office furnishings, budding entrepreneur Vandita Morarka said.In India, the boom has fueled the rise of new furniture and appliance-renting businesses such as Furlenco, RentoMojo and GrabOnRent -- and even jewelry rental apps -- in recent years.The country's furniture rental market alone is expected to be worth $1.89 billion by 2025, according to consulting firm Research Nester.When Sharma's father was 29, he was married, working in a public sector bank and setting aside funds to purchase a flat and buy a car.
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