The luxury market encompasses high-end goods and services. It includes fashion, jewellery, and fine dining. This sector caters to affluent consumers. It reflects status and exclusivity. The market influences global trends. It also impacts economies. In India, the luxury market is growing rapidly. It attracts both local and international brands. This growth is driven by rising disposable incomes and changing consumer preferences.
India’s ultra-high-net-worth individual (UHNWI) population, defined as individuals with a net worth of US$30 million or more, is projected to rise to 25,217 by 2031. India ranked sixth...
