Is India ready to take the lead in the global luxury market?
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Description
After being burnt with the strict COVID-19 policies of China, once every luxury brand's sales paradise, global houses like Louis Vuitton, Gucci, Jimmy Choo, Bulgari, Dior, Cartier are looking at India as their next stomping ground. According to a Bain & Co. report, India's luxury market could be $200 billion by 2030. One could call the glitzy opening of the Jio World Plaza in Mumbai the beginning of new times for the Indian luxury market. These signs were pointing towards a coverage of this prominent trend. Pankti Mehta Kadakia takes us through the nuances of this shift and the must-read stories from the issue.
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