India is the second fastest growing economy in the world, next only to China. It has had 9% real GDP growth in 2010 and is forecasted to yearly growth percent of 8.7 through 2016 which has already made India a very favorable retail environment for Luxury Products & Services.
There will be 219,000 ultra wealthy households in India by 2015-16 and the spending power will know no bounds. Luxury in India has seen a considerable growth of 20% from 4.77 Billion USD in 2009 to 5.80 Billion USD in 2010, with major share going to Luxury Apparel & Jewelery Segment.
Luxury Connect has been formalized by Luxury pioneers, instrumental in bringing luxury brands like Gianni Versace, Versace Collection, Versace Home, Corneliani, John Smedley, Tween | Damat | ADV, Ferre, Cadini, etc to India.
We boast of the best strategy thinkers of India who have practical know-how of managing luxury brands within India and in overseas market. Luxury Connect has a 360° approach to Luxury in India covering various products & services within.