India has a fast-growing elite and aspirational classes — and their insatiable appetite for luxury reminds global brands of China. Image credit: Shutterstock
Is India’s luxury surge mirroring China’s?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments{"ct":"SIr4qbrP7ZecDmz4CKZwyqPf1RTSgahhR4oedjnffmvBpsHvyVoYfhk38Ycg93Lc0aR4flx2i4bScpUTnGWWHmWRTVyviln4O8bGmowlu0f77GKhMkaDWr3hgkbeyNeBQlMzu37KL871lsFu9hSm9h9OPSfopql737fjy9Cd6RPUVc6atd63gd7ixgm6+fpXp\/s0BbcFovlLDIhMo\/j4WYQmKpCAJ6RaVM1ndZds+MVQRHlP3a3zLj+afwf1UATQpnMGmL+l1g\/No+ccXYzu8RGbYKFsrYN5BImj5y6C0ZQ7WTEaAjF1WXZyHiCBeLbSDWphbK\/CXGIL3JbXk75k4BGvVnGuvPCcMzKCzeUj29GfXj3kJHoArbp6aQCsP1Ybs+0fp8cMahr+GhDRkMAnJdHgdVVOHkEa6uxndnl7i+DNjtfvBiKdUOGKMKmA0rknM2Avb3ssKz6uO\/G4W5i5xAWby\/1Fe\/OSPQ4PplqX95pEEwMIsG3lo9HWcY7ODdFckgE+\/AidQDXj+tdF4lbEx2Ujp\/vNcc716j1ecUAeJtSUU2kVSZnPJL\/KrL20mhnmDYGTwDhSwElG2Ri9mcwrNag4s9aTt01i2kmCOVhiaTZsDXZYKL5Y05H0ebACWf4fETwyH35pxb+yef2ut9wf2hi\/O7IKkxBLkTz4F5Vhu8waChSaXSOYsb9GsS8xRyp0Ltva2h+RoML8\/DnACD4c5KGAGDv3xHpKc6zkK2cQ9H2GmuUjypL3aFxp1KsL88WaJ9J+YFFPPk5n+NCuwy20qnu2k3TfU5PhQdJyRssQSmiJ1pDi6ZslNvzVjK8HvuFRF01BtUhS9MDgT0rSWCAn5O0RTWbqXce\/P\/HEefGcOiARfaVimvv2+wtzr\/IC4B5QVD0++inTELeh80HwTCRpg4Z3vTTLe8ZvgxzzSK3wVPO3\/0dtbG13m24SA9IKn6C\/B9c5K+4OBFjeu43qSRsHDbZTOahrFZiZ2r0+E3dQ5ofnUvRcILSsFMtx6XBa\/MIolDNY+zGM5IhnDlTowqL4f\/bzAMHQSPfkC5AWDF8vg+neO4btEyYk6cx7jBB9uHFI4DCoJl\/DsdClMuSf4bJqgVmSx0shmcpORlfHhOhJHAtVjPNCYbzeCLAnF7nHvzTvRsNqE833+xqmjCYLDlZGSxslhSRNbhuo45gDg+oQdY\/rPQ70nKGX1mNbxUEdZcZWhyxP1hlHgDHKLVrAUnANMYDyUXedVFWmqgAffQDZ7jSMVnvfXruCF64nDYGA0iqeQKqBSYeQftLnqzRUv+X+T78O4pqyaq5esHtUUxroRazl03VvK\/gyDUtFIwesavQojmxLCZ3zMyQOtGu5xqfigQ7qrTWqBIWxsB6GkHwPuKdHqR3d3\/XHV\/Hk\/\/aiTPmUmXsiAonyq55kdwp3BM+WaJ3aht83AJNWQqve0zyTOPgX8qHLRIuy4FYvvPmVZ6Tgsi62CmXRofeaEK9tlq6TIvFWlE0FQHcH\/a\/am84xW0jyT0wZePI+IEusy2V3d9wURB6hBZYy8nxxDnGzkiszkOvMsKKvi2NdW2JufPEiN9hqFePkNG4bjU9\/lRU21zeoXk5JLPGT3aWL\/qnSufhXFJcC2P1bKNqpmWfwTLwgpX6V6MEpB5n6XtwR2zL+Q+eORqCrEVaWFNe\/aiF4iH2YcRG+t9wOCyE0+X+M6s1qmYqxhPpfMDZ2oCgFW\/\/O5BFySuYgU4WWHqIrJLoiCeuT3Y7XjyWo7LYZ313RzNsbT0cFuqexG0a+vqxSzCJjzjfgoTWjz5Sw121wzY3RODnpMiGaDYr9Sxkc3n+2nxxf5WHardJlx7V8KARBuWSAGLcLEloPYpRi2Rw\/MnkY1WBkdQZTUYlSAzoMzheRVgX6uJZ6RzQH2C8v825zwiF\/Bndq3jVyr+Aukt7bJB+MYDFjz7BaQII91kSIVzNvk2HBxeevBqChsuOb8cepJX6rN+XKPV28WNINDetwAbClzgWVEXjIBAonpduDDYuVnrVgjSDbj9LtiHKexx8TD\/Gf42K715nX7Tk+9xy8Gwcm7DHYryAR\/m1swshj\/h0dI\/7IgG446UpWkwtPvA8kY+E8S5JlcMPHmY6oEiH9zuKG+2n\/MyxXZ75+zBK1cvZj3PSj6YOo4gAPfROxS\/s3JqquOtnl6j5Fj\/ZVCQiOcGrtFLrLYwqdUuMZWlnVuikmbom8tC60MnnQRN9c75XT0UeDDw1Y8lMLFNcJkHVmHfPZats9odFdK1tqwomZDTVPSmR12rKXRKSerrXoKk5+b1gRiItGOwoerkQYKBLrZnFCVehlpyg8xx2TnRo8J5Z8fOJZee6gJLsIjKGAVKM3+rFtCWCu74v0vnoVVzJ3jOEHzepGyX4ue04zSqL0y6edXVrzMtIJVKZPC3G0ZqCccFqp\/f\/nlg6Oa\/LWa08Nct4UOGzueB1OGyVgDKKlLcwJcHa0LFN6d53F94WHG3FMUvTo7ubtqMCvFtfR7OXW22+VHlWqbsve2zsNO12S26wwpTdZHlf4B9FhBwnXnp25QBw25FblJXpAyEHgmAcziYiRnP9nXtUAzBGPBA1Kx6CFO+1n3LHfRZbuOz19WBFnR0WQyRNFwjj46Zjp3757RqYZdM+sD2dmxyZNoLnQTfFjjjkeWpztxCNSRPA4A\/h1xUIFwZKUjd7TUhd\/8pSyYCgsGY3s3iT1d+Ei0XuiLmXYM9o3+Q3ZCDWfY81BMRle8ECMnGYY4aQ+sMIRBJvrbXeBijsKcqKTXTdu6TkC0xUPjH5KKebZd7HeXCw\/tl+AeMSCl3b5zzuiMYNndxGkOz8XxaT3EAzFDtS6x\/1NAQrpxh9pdv506IKbqO3D6EG2jjxmlku\/vV6D0A8o2He+iVXmlNQgzwoH6yjHJkWikDP4vSUd46vr5pLIVrTdB5OWnIOxTQiLpHcjvt\/hT7tGEcDr8uFZuE1cdFDFndJZlde12cI2npzNu36VTPtclHKZ1L+N5VNDpfLft7R7sdv\/7HUNE6MRt03BPOWdwP1jiTMcvvpwJYDvwaavWcgDKihdVHgv9g8iAKpje6\/22Bz0xOmdhhAvuTqw1ykMlrZqFFcfy90c3vcmp3BpAHPdilNMh4sZGgTVHCzPLNMxknFzp2KL6wbDuOxOW3np2rtbODCgHVE8FqMSkn7qFAJNesEayDSG14NJm8U7R+Qmr3S6YL1DowRuzu5prrl33SHQCuA4N5buf9fHYLYRtQzFoIHmyF7kCBHVW35Az2zrO8V4WYnMvFa8BkLP+lQqxdw3L8+BbX\/OJaokSB5fNIoFK6uDZHtm4T\/U\/s50uHeVkWdgA0JDL4NcDnkpBnB7wRbKrbuN5AtJRRuMVt442FHKBdmGZtNVVQpUGJXGea6sac9BHJiGiqZNIbzGdVnXnunPYunUtItJ1BIYENL0XXMtlhbqq3R0tk9RzRA4nzXcOQqknN+kuRG9OcEwQ5RyGtNlDhGVlsrrw5KFOmmVwJA3fWBm\/po89kelShw782NtEUnPkWEO8GgFT51lzC8GR2H82qjmy5J1egxd7dR09B68pz\/swj3cHbuH2HtDjNWCseGX7DjFYiLkgB\/eksEMR0tEyH373X0hCRHaIsi664dxNvEi9kercDtemGVD6YvkJvKYIKFVGW3Gr3a+\/2M82OGgpdvXzMsnVZlyeFyLZo4GZ3NK0+A7Zq28++Dt1uf5t+Fmga2eHIsnu7S\/9+ehWAMfsFU9\/Y\/1UryvJ6ZQKqXQtdMc5L9qdzy+vHRpvx\/mzE7ghSrP\/MuItDvV0CFKmgQDgchGW5fy\/Nhc+TKvxpFm8WIonxTJSYfh9fwGUmHtFavWuYp9zvhFyqoy1JfhIILREbdyujSv6WlrHcLHwLiXCPwIeZzQPxLbZkG3Wm6TCVn9POj2Pzd3WmA1RFVZvhVMxsPhe4iyOZyeqAJ4C5EINEdEPqQLiJbC3tyG0uXVgfbhhh7XHQCYBsppvI\/kRewOgV+hIxb8CaKfKqdx6euIWeaCjik\/gmaOx3bd6tbggrIW4DsDpRwz8IO86wS42RMRS\/rGaMYHFpt3tFvABuxmhzkIn\/t01PKkgsW8YLMVfuGqfQnhAFXV8\/IrS6Gu5WxNdd2joPXVtQVplD2wfvEZYTfKOz7jGZvl+m+QuzKQYp8ZtUp553Z8ltCgIG\/eCxr+qal4oeHo+4tQo2WrNnDYVemLqtXJF8LbzNsMtKjZtVW5GjMCfFf8yu5CxMSgcOtCI97pI8q\/0FDZv4gJ9EF41EX9Ffp9v1z2gOMx4uOm+UOnJfmUrl88vdTYfMbwG0rjWLWs+iedQu+bXb\/wpoQ\/CPk\/qPNtGhl9HrK8ar2YG\/EwSYSq9rQeJigkAQyspzMbsrfOGQzWmi4N4ULTr9M5QYDiA62xu2RZB0X5TgmOyyDV6fXmW6CL0l\/8KzaGzidIttLCuUwEQgvpxjfKy3boBMX+RuC7p49jZZjx74qm0F5eWzHmrVvklQVzUAYnzIFy47eLbDgC6UXAPVkiqFSspy81O0sI9LXORXSLG1EraG3rI9BXrFRDanzcz1y13Oyjq1VXD5Ar0nG1DodfYiWJ1YFuyYTvxJcyYlJl3hiO+ppo37AMfX9A2Z0dn0Mg6Td05U0buS8HO8YYTIJxohWf33OmBkW0Gm7BUEKPJwvl\/7LCplLrNqb2Ogpg2SfTehhW+9b9j7LH2F1YBYKqfqZxhuGJpW1APFsluwvnDsHV9QDj6dJJWCS6LjiLMzrU1tNcg\/ZiEEFxrjvnQllivAV2uDSQs3RHIlkNPcqVWBUR1apHEEp\/BdeiqttVboWLAVFxIrJ8HqtzreVzHtyRXsAUfjOpprgxpIuDB9uVvehOsSLX8zSPnT55GHR6MSr0sj6YB9e41UZMg+tENlT7jqOsRl9BVvczxSEKfvp8KghGxKl6uuy+UFKkE1\/smZT9VY9wm94a3mtqfXMd\/c00FY\/pMu\/YoRCoNnZtDSL7jAomuWLGpf0cHfx40NsOO43ferZeGOk8x\/JGDJpgZMOVF0Rpev+cIsvFRD4nZ\/sczWW26F\/qSYsbn3J1rq4+oEjIFJ8zjkWripEp0fF2k1NX2my5bqOZBJjtYTvQRhcJ5JoZbWTApM2EB1BR9NpRx21rvQVGb014z08bkxAgv6qCipf+Ae7XQUoblNQcfOJ6pJdK0P9Nugg+f5HbzFC3k2d4Bov2x7bz2IGQP\/WtI7GGq6qvpT4t+fPaPTynTLMNkucKH+ZAlsK8dQuQm7ktxjFWx24fKJR54HVYcCW9Ej+IvygGyiZRlemiaFXmCJayDoXTob+BQw3IHcJ+huzxT+IQGcx7iwHUcu1HMxelERV4csWRpVTDzw97JYpFyUZXNYbdksmmA6IBnYO96DQkCCWIhmO0RyIgQVZ1zagJEb1+UHaJjM63AjJpLZQ+nj0700s6scf6vz0F9cbWnnsPdpgA5Ou+55qQ9bp5TgzfqTRQt2bdC5oow9Ay\/rqe4+W+Z\/kp\/pWvsIt6IsPACvgsYtGMaBiB0JU3A2KWBD9Fn89CDUlkf8CgSP77owK9n4p\/nF5G1WSDZOPhWlr26YYHG6O1x+a\/uDhgLa4c3kKPXumqy6chRBKMc5e02Wfd0he07gOuV0Z1smqzJHYeMas+1ws7qRjjfdJVC8Cu2y2JmU9Nih4j9DmS5vS7hf34iFLgPBG5ivRGj0iz\/RP2xnUkxCnBNBt9xR7kQxz3ebLQqEqm5zt2xEO2z0Zaz7ihCDcdgf9dl+4EJdgpwc0RFz9KurHjX2VikOW88zWmy\/PO5ZM7uekfgRykcVP+pC+JClcixczsp5p3ISWLFImyBZlHInBK9dnPi5yS9mxk7Kxi9WZhNq24xLpnT7z\/COxzutYBvPk4nInM5tRpCeu67XyCWBkebd9YSfukrTlwV5lkqZnJ3VpISF6kknddqmqyQrkVQMPd8SRm3qTbWrHUHK6+GQy3l\/YVs9GQ6jv6q\/gpPZvuVGB\/YAZAG3IJCAglNbt27eJ5S9ZRstaSnTKyHqTP7jnRafXZY2y+BqBSyRGhAkg+AGDWIO+lc\/idZQJsbWW7Wp2JHjxd9L\/X0ERwg3+PDxnODUgTtMP0NzVkM1xLxPc\/Pr4W92gWHr7+Bb3hrMY9Ch7mK1blGXQcxrc6QIvowenJR5acsCgaLshfwpdcatyIJIRMe3VP5+AalGWKlTYjidGrL1U4ovhKfOcf6N69GPitgGN\/M6voxE1U1OwG3lpvQZ81bZNrjTjAizIUkuI5AYH42QPkZqnARfIi6S0lf8IBvVgGMvbsNP9kZ0Cc\/whHJQmZouKbnk6t+MiK67vtduibR8f1BQxKU4JleuFNoLhWlpmVUwfn3gBcq9yjO20vdOGZaevv4d3jbTM71599pLaJ1fRpYkuSIsOCkudUuOAZVx5OFsiJD03OCKkPv2a22n7LeKSEugFYM3Sfe7oy+ocJO3Psal0DmPu5wrYHQJkgQOxJxN6IjO0Mmh6Y0uLUmlpXQmOXMCu\/RhEONa0UkW4bXNNauA\/ChZ+TtxF5Dm0tSyjzUXV94fxo8ff6EZb2bRYc6+1dBoyKr2KUgRdAyxQMS\/hU0b0WwUoWQ7k3E1\/\/A0Ah++DoJwUsq50\/KKElDplod5OulL4pc6SNJPnBnxKVWfAqTw1Wlns9QkaGcUfi5mNt4qK1lgNZ7i4e8NmwZhAU0iWsNlgB+zOUKZCzUCr2AuL+ywIYYOWMm\/sA\/\/dHeHduAnfSyqHq7OUjD8Omjgvgp2pZIX5w6VVrHBlXMr1HYOi+n+cPpNyOnHi+QLM19wVzvUZOErkAR33Qm2lR6jBJd9Vsu0mobFs2awm1BTAb\/N7XfA6OL\/fk391P6Qb9C+0LBLBRqzqOaCEeQNY5dxZXbsEn5DPxzu2ARwrHz3TwE9ESs2ZG2bY717\/5WFlqxYj718MnBjefKF4+xVEyI1E6BaLcfCBeUw74slMOqLCIhCdusPB\/VUawwp\/lggzjJt5tIXAZubyqypEVqt6UEgdRg8AbeKh1HWIFCxrySOdLJ1lJb+UV+5EzzKv3OJzHoxh7W8yVFKquH6wmP2pEj5krvLOR23dcoV562CyiFtmoia3b2t\/Ph0OoEAyJqAnWzWNaVbYq2YCfsBbmqG7PfxwrGiHf91DhfHTlFJzV7E0bpmEe72lKki3GPyKjwEDYqZdGAVeAm5k9p3D5UZULYD+MwkS4V1MvHba+LuMiyeYbnFShKtSLzsNUeyAds\/N0HYgoK8cZZ9e4SICuOQ4+jrA\/MVMwG3IW9hSGZIvxY1wIeij+GhSPqkF5VA+2\/JVj6vS6r9UL6Xk6AMvNLHr8JwR9te\/jMHtFDqgEDJ1NSmLw7Nsfj3RHf4RP2l36RqkBK8mpT9Cf8DdzEXFZ1Axy1zKN3iHgRT62agcGov+WNicfWB2HAbRtIojnyO8oSjEEe+Uym8L\/E5Z9mpLTShyT8BRV1bVRmRwOu0waukowvrmIrHYN64dia9lTImeNN1D5yyqvJO9SPLz+DKQLDSKXtfWaWzsBv0TmNladWAqCH5GYkPTw5Z+3srDhAT6evPLy6Fy+xEh2APqwohxV+jt8BKl3OSB6gJl6bGlLFHNRoPclLF\/jD+JjQJcWNOsKI+xddUSoD2C7mNrdTLpdX0v39kwgfkntXADpxyn4IHBFm2exmvhkRJftuVpy5G\/uAqn\/xfaYDA+hAR+\/vy0idFsPsCD7Lge5M8JML1tAtJQ8N4uqPnxcFkocxvYGopxrSjdi6Ja75ruu4RvYbslz4zj\/r97M1z1VreBVlMtUEMcgv8xhvbZe4NKE9JH7X3ht1tAsQZ2sjiN3k7vs3Yo73opaXNC3vmytnVHRzBuEFaO2tj\/5g8JZuQrFtT0+5vRKxullJY3vBgZfPk9r7Nju84kSpj0e5o3EDNYwPWlZecDoOxNsQwkDbQY7m41xYNLFtz1v3c1Iq05hJeDGRA8gDswoG\/sJju\/wadIYVusst0BOlfSyHtf58Oeg43MGbKen7eytP8YacgSS5rnVZixrMOUkqnlG3bKop2oR344KUzU0fXZF\/eL5xC2AZtbDmdFVHjuiZcQYlQzGZF5XroYva2F2LI+UEKJi4sWf6ETNXtiPWqjpxhi5JRrHs56lXE6jW1NLTxrPMDuahgxmfGDrIB72U\/gtEO\/S5RxPNTiDPpn6UHMYhIN5yKZ3p0xDOJwzyOzrB9tWOGTZZSf3XXN\/7FSJtPsJbHfZZ6oNg0j+VzJD0b7S4EyvbmdjYfqWGE5SBiQqJug+4C1ckRNL35EkQXdOHWtuUSk\/4dITgEo09ajTcP4D5Vry8pGFr9bZOysbyRdKevx0+Tpryw5neDNco6txW9p2xKtIokMhEDpwwQ1Y51CY6e2Sp7Y+J6HPTw12ENWzbD1h\/vTo46T8kEGJmoNTJgZEyOfe1vweE+UwHQLpdBpkd5QifJ\/OBa9LFE91M4htOUNc4HwOKwELCGJ\/xiF3c8IG85njC7P5ogVOR3PV+iIfIYH6mUt9GT4pbwsdFfTuH1MMgdqCd43hWqKZG30TPArO3dygA8L6204sZV\/3Zr4gyHInGLJeChgSF\/VLqg+qdLbTGMmrjad0JTPM\/TpLoMqvu7Fk5EgJcQkCk9JTNLNWqaZmofUcUlPczNd6O3PgQrlOjLISHwfEpLK2zK6OpIrdI4ucj8rJaoPva04z1g0oMqrohS0YVYMmev7PvZFPpNeohM2xhne7orD1T1A1y5cXJyJo3a6Gil6b\/VGDtzr4Kfa4NtE+LArRE29g3A6DuLi3WDAaHU5UkU\/CQ85bThsDmJw4H7QZ2la9Rx\/aPb+FF5sY3PCW2cKD907DFQTxpGnL+SAO5iwb6oVfY8Sa8eWqOfUk8qH0GUBtcramCM2ejwRxpxuc72m0sHK+l\/KMkCZ5y9neOfAkooPyL8yNb15lkdc1xbk2DcDojxFZCySFqiJEkVj5cVe3+a6rAeQwulO7HSrqr02Q4h5LhD4MNJTIyXlXLn1\/nElgfTwevjJyxsOet8fX7QlIhivf\/cvCTyRYaNugti9hjeZ\/Bhap1jdVukJ7HjVkvH5w2VTkhtUyWguqW9JfINuSF32Ekt5wlF14ANB4mTc784hl3NfFsFH\/zw0no3gZoqkxB63b5S5f3iWMIpP0L3Rz9+9YPmD5\/ZAeJUkH4KEGUkQp8FpTPlOc6Fnhmo6Jlbp64KmArS9gJP2LD+NFo7GK5\/awg\/+of9uCFhrFaggQC4\/+mPzp89uUG3S99w0L0WOpucsr\/RLpY7nuh2S2\/RfgFYji0wAOJLsVcB\/647Ts+e7qkA2zd2HCrEai2CX6X7TuxkqawSGa+FKqyiCj9W+SIZuUFowqH0\/ymFIqGIMGQqqfMNz9HaFvmrR5BXgXGEU6ZSqWakZDmCO6\/yp3GuftJXRdIXfvODH+miT4G3uivVp5FSWI1zkEBwFzzeRWOiAQ5Kka\/tOUJwppPtsIZYHSZjdqba9hm7MmOCLVIwKz3m7tTZ72HEghR2d4cZIFwXgDD8F3LIY4qwaC52DB5TzPP8+udEQKRinmf6xBQHNFtVAUuv80PgaHKi\/pDCdbBI377+3HQ30aUDxdzrPE8VWBX3sfaXavX\/pdZhOnXS+CbkcDPofkPRgoy+uyfhMhHYTVte3cGmCG648VXureMMs\/IdQ6l1Qw2yScF0fTWsL4THTqWlDUNVZiGlJHDG8\/i7JK1Xpz+cR7OWXkaZWc6bduQdMG6SKDcgO\/0yzjftmRxNLXDTu0byg9c9ePU8O0ERze5PuaF1WDB5UmUPGssx5EsQ==","iv":"16202580f52bc954f4b4ebcf315979d4","s":"09dad4daebf20fc1"}