Rapid growth for India's luxury market in 2013
09/01/2014
India’s luxury market remained largely unaffected by the economic slowdown in 2013 and instead grew between 25% and 30% to reach $8.5 billion, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM). It said the apparel and accessories sector showed strong growth while, overall, the luxury market is forecast to grow...