Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...
Parallel to the growth of online food and grocery retail, the luxury market in India is also witnessing promising growth, according to a new ASSOCHAM study. Indians are likely to spend USD 35 billion on online luxury stores by...
India’s luxury lifestyle market has remained largely unaffected by the economic slowdown in 2013 and touched around $8.5 billion with growth rate of 25-30 percent in 2013 as against $6.5 bn in 2012, according to a recent paper by...