and Yes Bank; KPMG and ASSOCHAM Report (Indian Luxury Summit ); . CII – A.T. Kearney Report, () has projected the total Indian luxury market. CII-IMRB report,‗The Changing Face of luxury in India’ gives an . India Boarding (TCS Report), India Luxury Review (CII-AT Kearney Report), . India’s luxury market is projected to grow by three-fold to reach US$ billion by , according to CII-AT Kearney’s India Luxury Review report. India.

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Indian economy has one of the highest disposable incomes andHNIs High Networth Individuals and another 3 million households earning above 10 lakhs also ready to consume luxury. The base is huge and the market ripe.

Keeping the changing trend in mind related to luxury retailing and to address the key issues affecting the industry, CII is organizing the second edition kearnej its Luxury Goods Forum, on October 7, as part of the Commonwealth Games Business Forum.

This forum will aim at fostering cross-country collaborations and propose a way forward to make the luxury retailing sector grow further and faster in India. This will be inaugurated by Mr.


Jyotiraditya Scindia, Minister of State for Commerce and Industry and will conclude with a fashion show. Infian forum will deliberate on Opportunity for luxury in India, India as a luxury tourism hub, Collaborations in business—new frontiers, and Role of media.

The forum gains importance especially as there is a likelihood of opening up of retail sector which shall undoubtedly give a major fillip to the luxury market in India.

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Kearney have also done a study which will provide new insights on how to succeed in the luxury industry in India. This report will highlight Profile of the unique and mysterious Indian luxury consumer, inform if there is a indin for luxury beyond Delhi and Mumbai, elaborate on price consciousness and badge consciousness.

Is the consumer still likely to shop overseas?. It will also tell about the Indian Luxury Market Size: How big is the market and how fast has it grown? How much has the luxury products market grown over the last four years rpeort How did the Indian luxury market respond to the recession of ?


The numbers tell a fascinating story. The CII — A. Kearney report will also address latent demand and growth potential, cio-at challenges — obstacles or opportunities and critical success factors and action agenda. The Indian Luxury Market Study, will provide these compelling answers to these critical questions.

We have the right environment in place for International luxury brands to have a retail presence across our major metros.

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I feel we are at the threshold of a great expansion and it is indeed encouraging to be part of this new drive. The kearnsy event will bring together the best professionals in the luxury business with immense scope for cross-country investments, and partnerships. Sections of this page. Join or Log Into Facebook.

September 30, at Confederation of Indian Industry.