Luxury in India: key drivers of a growing market

The luxury market is expanding rapidly in india on the back of economic deregulation, fast GDP growth, wealth (re)generation, increasing per capita consumption, and a growing young working population.

Luxury in India: key drivers of a growing market

Pradeep Krishnatray and Himanshu DandotiyaMICA

When Hina Rabbani Khar, Pakistan's youngest and only female foreign minister visited India recently, The Times of India, the country's largest circulated English daily, declared: "Hina made up for all Pakistani ministers in the past. Apart from that winning smile, which has had India tied up in knots since she touched down here, the attractive Pakistani foreign minister proved to be a spot-the-brand delight for the fash frat this side of the border" (The Times of India, 28 July, 2011). The...

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