scorecardresearch
Download the latest issue of Business Today Magazine just for Rs.49
The Indian luxury market defies the slowdown in the economy

The Indian luxury market defies the slowdown in the economy

The Indian luxury market defies the slowdown in the economy.

20% The growth recorded by the Indian luxury market in 2010.

30%
The growth in the jewellery segment in 2010, which was largely due to the spurt in gold and diamond prices.

35% The growth in the luxury electronics and car segments in 2010. Fine dining saw a 40 per cent growth during the year.

$ 5.8 bn The size of the Indian luxury market in 2010, which stood at $4.75 billion in 2009.

$ 14.7 bn The estimated size of the Indian luxury market by 2015.

Source: CII

Published on: Nov 10, 2011, 12:00 AM IST
Posted by: Navneeta N, Nov 10, 2011, 12:00 AM IST