Indian luxury market boom
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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Story first published: Thursday, October 4, 2007, 16:19 [IST]