Home » Luxury Goods, Podcasts » Luxury Goods Manufacturers Focus on India


October 10, 2012

Luxury Goods Manufacturers Focus on India

Rolex Public Domain

The luxury industry is growing at an extremely fast pace due to India's expanding number of high net worth individuals, states Manjunath Reddy, Research Analyst at Euromonitor. Indian consumers are already aware of luxury watch brands such as Rolex and Rado because of their appearance in Bollywood films, so the current challenge to luxury goods manufacturers is awareness of apparel, beauty, and personal accessories. Brands like Louis Vuitton and Gucci have already entered the Indian market. Overall, the Indian market for luxury goods is expected to grow by 22% in value sales between 2012 and 2017.

Download as an MP3


« Hear us Speak at the VIII International Conference in Hospitality and Tourism | Main | Nokia Maps to Drive Windows Market Shares in Smartphones »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

Organic and On-the-Go, Recipes for Soup's Recovery?

Affordability is Key in Global Food Packaging

Euromonitor to Speak at Tissue World Barcelona 2015

Overview of World’s Chocolate Powder Drinks Market and Toddy’s Evolution

¡No te pierdas nuestra presentación en el 1er Summit internacional Alimentando al futuro!

Higher Education Rising Globally

LEGO Tightens Its Grip on Global Construction Toys

Craft Crisps: Is Savoury Snacks Ready for the Craft Movement?

Euromonitor to Speak at Interpets 2015

Opportunities and Challenges for the Travel Sharing Economy