While catering to a niche segment the luxury sector can be a powerful catalyst for India's economic growth
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A report by Goldman Sachs, The Rise of Affluent India, projected that the number of affluent consumers of luxury goods and services will nearly double from 60 million today to over 100 million in 2027
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As more consumers seek products and services that align with their values—be it environmental responsibility, ethical sourcing, or social impact— businesses are also evolving
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With declining passenger vehicle sales, automakers pin hopes on Navratri-Diwali to spur a turnaround in FY25
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The festive season boosts sales across industries, contributing 30-40 per cent of annual revenue and driving economic momentum during October to December
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It is quite evident that the India’s luxury real estate market offers a potent combination of lifestyle upgrades, capital appreciation potential and inflation protection, making it a key investment for the country's wealthiest
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