Youth, women and online sales growth drivers for Indian luxury segment
22 November, 2016
Luxury market will be a driver for meeting India’s aspiration to grow at 9 to 10 percent, over the next three decades. Youth forming 72 percent of the Indian population, is the driving force behind the luxury market. India is also blessed with young talent, which can cater to increasing demand of luxury goods. But, the hurdles in the growth of the segment have to be overcome.