This report, published by CII and Kantar IMRB, explores the Indian Luxury market segment and its future. The salient features of this report include:
- Democratization of luxury
- Luxury market in India
- North India drives the luxury consumption engine
- Luxury embracing non-metros and Tier II cities
- Market dynamics: drivers and growth trends
- Indian luxury market vis-à-vis the global market
- Challenges facing the Indian luxury market
- The way forward
It was released at CII-ET Dialogue on Luxury held on 9 December 2016 at New Delhi.