The luxury market in India, which was worth an astounding 18.6 billion dollars in 2016, is poised for an impressive 25-30 per cent C AGR till 2020. This trend has created a need for professionals who are wellversed in the intricacies of the luxury industry.
Luxury brand management in India has seen a sharp rise owing to the influx of numerous luxury brands in the market over the past few years. India, one of the fastest growing markets for luxury goods, is projected to overtake China as the world’s leading luxury market.
It is no wonder then, that luxury brands like Mercedes, BMW, Michael Kors and Burberry have a dedicated India presence, and products at price points.
According to a report from Euro Monitor International, India’s luxury market is expected to grow 86 per cent in constant value terms between 2016 and 2019. This trend has created a need for professionals who are well-versed in the....
