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":"db37e687dcffb91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