The recent Fortune Magazine India has highlighted some key aspects of how the growth in the Indian HNI segment is affecting the taste and preferences of the well heeled who continue to lead a lavish lifestyle.
Business Jets:
One hundred and fifty seven new private planes are expected to touch down next year, making India the fourth largest market.
Rolls Royce:
It is believed that 60 exclusive Rolls Royce cars are likely to be sold this year in India. With the increased buying capacity the moneyed have started preferring expensive cars lately.
Luxury Items:
The luxury market in india is growing at 20% per year, where in the Watch segment has already achieved the mark of being among the top countries for Swiss made watches which start at a range of 7 lakhs.
Source: Fortune Magazine(India)
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