Global Consumer - Watch Domestic Growth
January 2012
Described as the fastest growing luxury market in the world,
India’s consumption of high-quality products is extending beyond large
metropolises into smaller cities. As well as driving growth for overseas
brands, the increasing demand here is encouraging local manufacturers to
improve the standard of their production, in the process raising India’s
profile as a sourcing hub for international designer brands.
International luxury fashion brands are trying to tap into India’s
fast growing westernised ready-to-wear clothing market, whilst at the same time
improving their sourcing chains for luxury fabrics.
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