Marketing luxury cars in India
Dr Varsha JainMudra Institute of Communications, Ahmedabad
Kruti PatelDernier Cri
India may be a land full of poverty. But it has always had a taste for luxury, dating back to its extravagant emperors and rulers.
Most of the big global luxury brands have entered India only in the past decade, chasing the nation's economic growth. By 2010 India had become the 12th biggest market in the world in terms of the number of high-net-worth individuals (HNI), according to the 2010 World Wealth Report from Capgemini and Merrill Lynch Wealth Management. Despite more...