Indian luxury market boom

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New Delhi, Oct 02, 2007: According to a survey by international management consulting firm AT Kearney, Indians are lapping up luxury assets, services and goods with a voracious appetiteIndians splurge 2.9 billion dollars on luxury assets, 953 million dollars on luxury services and top it by buying luxury goods worth 377 million dollars.

The size of the luxury market in India is currently estimated at around 3.5 billion dollars.

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