India's Luxury Market Share Rises
Nowadays, not only is China enjoying luxurious life, but our neighbor, India, is also showing its longing for quality life.
According to a survey conducted by India Federation of industry and consultancy corney, India's
Luxury goods
Market share in 2010
increase
20%, which is expected to grow in the next few years.
Continued
。
The survey also showed that the number of luxury goods in India increased by 29%, luxury goods services increased by 22%, and luxury goods assets increased by 13%.
In India, luxury jewellery, electronics, cars and food have developed at an unexpected pace. At the same time, clothing, accessories and wine continue to have strong growth momentum.
According to HSBC's latest "Asian rich tracking system", the average age of India's rich is 39, the highest in Asia, behind China's 36 and Indonesia's 38.
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