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From armchairs to iPhones, India's millennials rent it all

When Vandita Morarka set up her feminist non-profit One Future Collective in 2017, she rented nearly everything she needed and funnelled the savings from not having a one-off outlay into paying salaries to her staff of 25.

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.

"Millennials in my age bracket want freedom and earlier what was seen as stability is now seen as a sign of being tied down," Sharma told AFP.

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