Saturday, 9 October 2010

Indians leading a luxurious Lifestyle!

Indian luxury market is expected to grow three times its current size by 2015, says a new study by A.T.Kearney even as several international luxury brands talked about increasing their Indian presence at the luxury Good Forum 2010 organized by the confederation of Indian industry in New Delhi.

This survey also suggested that focused communication, smaller and multi brands formats, mini high streets, right pricing are the few factors that would help bring many iconic brands in India.

The minister of Commerce and industry stated at the luxury forum 2010 that “India, once upon a time was looked at as just a source of products, gradually it has become a strong market. The luxury brand market is also expected to create multiple job opportunities across various sectors involving usage of luxury goods.


Source: Economic times

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