International Luxury Brands Thriving In Booming Indian Economy


The 2009 economic recession might have slowed down the U.S and European economy, but when it comes to India, the economy chart of this nation keeps rising and with it so does the number of the rich and affluent that have now attracted a plethora of international luxury brands. Apart from the luxury holiday packages and high end cars from renowned luxury brand such as Ferrari and Maserati that have been so popular in the Indian Luxury Market, the most sought after bought luxury products are from the world of fashion from a wide range of international fashion houses such as the likes of  Louis Vuitton, Prada, Chanel and Bulgari. As against the previous times where luxury was solely restricted to the insanely rich and affluent India, who took pride in their Rolls Royce cars, big diamonds and exclusive jewelry, the current trend is witnessing the conventional citizens who have made a fortune due to the booming Indian economy now easily picking up expensive products and services from the luxury vertical.

A couple of years ago, if you had to purchase an luxury item then you would most definitely head to five star hotel that housed luxury brand outlets. However, as the 21st century came into view, a sudden shopping mall took the Indian cities by storm, so much so that nearly all major metropolitans and  other valuable tourist destinations are now loaded with a plethora of shopping malls. The rising influx of international brands into the Indian markets can be ascertained by the fact that just last month, Aston Martin, a world renowned luxury car manufacturer, introduced two of its bestselling models, Aston MartinV8 Vantage ($348,341), Aston Martin Rapide ($483,146) and even announced that the company will be bringing the world’s most expensive car, the Aston Martin One-77, priced at a whopping $4.5 million to India.

Via Google News

 

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