India Promises Global Luxury Brands Market

Global luxury brands which have been checking the Indian market for years have not achieved much success. India is swelling with rich and super-rich but the international brands are yet to make hay here.
This may soon change, was hinted by Indian Minister of Commerce Anand Sharma, speaking at a luxury conference in New Delhi on Tuesday
 “We are looking at how we can make it more attractive for you people to come here,” he said to a crowd that included Burberry’s chief executive Angela Ahrendts and Joshua Schulman, chief executive of Jimmy Choo.
For many international luxury brands, having a presence in India has been little more than a branding exercise.“For international luxury brands, the market for more details....

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