The Luxury Boom: Exploring India’s Growing Affinity For High-End Retail

In an exclusive interview with Business Today TV, Pushpa Bector, Sr. Executive Director and Business Head of DLF Retail, highlighted the remarkable growth of luxury retail in India. She shared that as the economy expands, consumer confidence in spending increases, making luxury a natural extension of the good life. DLF Emporio, established nearly 15 years ago, has become a symbol of core luxury, while Chanakya, launched six years ago, is positioned as an uber-luxury destination, set to house India’s largest Chanel and Hermes stores. Bector emphasized that North India is a key market for luxury consumption, with millennials playing a significant role, such as in their purchase of LV’s Rani Pink sandals. She also noted the shift toward conscious clothing, with Indian luxury now catering to a global audience beyond traditional Indian attire. While tier-2 and tier-3 cities aren’t yet ready for luxury shopping, they show potential for premium malls. Hyderabad, in particular, is poised for the next big luxury project. Watch this special on Business Today TV