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The luxury moment
Financial Express Chandigarh
|October 08, 2025
INDIA'S LUXURY APPETITE has never been stronger.
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Valued at around $18 billion in 2025 and projected to surge to $85 billion by 2030, the country is one of the fastest-growing luxury markets in the world. A booming HNI and aspirational middle-class segment, coupled with rising global exposure, is reshaping consumption patterns.
However, this surge isn't staying confined within India's borders. Indian design sensibilities are increasingly shaping luxury aesthetics worldwide.Prada's reinterpretation of the humble Kolhapuri chappal, Louis Vuitton's autorickshaw-inspired bags, and Bulgari's modernised take on the traditional kada are proof that the world's most iconic luxury houses are tapping into India's cultural codes to create products for global audiences.
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