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India's luxury market - 2016 trends - CPP-LUXURY

India's luxury market - 2016 trends - CPP-LUXURY | Grande Passione | Scoop.it
The Indian luxury landscape is experiencing strong evolutionary undercurrents that are redefining the consumer profile and how luxury players will need to operate in this domain during 2016. In the last few years, luxury in India has been growing at a compounded annual growth rate (CAGR) of about 25 percent. As per a report by ASSOCHAM, the market is expected to hit $18.6 billion by 2016 from the current $14.7 billion. Service areas such as fine dining, electronics, luxury travel, luxury personal care and jewelry saw increasing revenues and are [...]
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"India has the fastest-growing number of high-net-worth individuals (HNI) in the world."

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Amazon Invades India

Amazon Invades India | Grande Passione | Scoop.it
How Jeff Bezos aims to conquer the next “trillion-dollar market.” The inside story of Amazon invading India.
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let's not forget india...

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India's luxury market to surpass $18,3 billion by 2016 - CPP-LUXURY

India's luxury market to surpass $18,3 billion by 2016 - CPP-LUXURY | Grande Passione | Scoop.it
An Assocham study stated that with the increasing brand awareness and growing purchasing power of the upper class in second and third tier cities, the Indian luxury market is expected to surpass US$18.3 billion by the end 2016 from the current $14.7 billion growing at a compounded annual growth rate (CAGR) of about 25%. Sectors such as five star hotels and fine-dining, electronic gadgets, luxury personal care, and jewelry performed well in the year of 2015 and are expected to grow by 30-35% over the next three years. Big ticket [...]
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India tax cut 'will not create boom' | decanter.com

India tax cut 'will not create boom' | decanter.com | Grande Passione | Scoop.it
The chance that India’s government might slash taxes on European wine imports will make little difference, experts are warning, because states will continue to set their own taxes.
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