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":"2aa2e711cf30ab71c178e7dd57b371d0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