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
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
