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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
India has a fast-growing elite and aspirational classes — and their insatiable appetite for luxury reminds global brands of China. Image credit: Shutterstock 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","iv":"53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