Retail
July 6, 2021
India has a fast-growing elite and aspirational classes — and their insatiable appetite for luxury reminds global brands of China. Image credit: Shutterstock
{"ct":"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","iv":"c7ea59c20a114fbffd052b1b2784ccf1","s":"b2264aaf97bfa512"}
Share your thoughts. Click here