India has a fast-growing elite and aspirational classes — and their insatiable appetite for luxury reminds global brands of China. Image credit: Shutterstock
Is India’s luxury surge mirroring China’s?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"33e7dd2c9d0d35503e1101f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