Indian Luxury Goods Buyers Set To Treble By 2010
India has more consumers for luxury goods than the adult population of several countries.
The Knowledge Company, an initiative of KSA Technopak, has produced India Luxury Trends 2006, a study on the sector that has over one million consumers in the segment, a number that is expected to treble by 2010.
This report aims to demystify India's highly sophisticated, intelligent, and complex luxury consumer.
According to the report, the immediate priorities for many consumers for luxury goods fall into the categories of housing, travel, education, higher-end automobiles, entertainment electronics, and other home lifestyle improvement products.
However, the report estimates that within 2-3 years the market for luxury goods will boom in the categories of men's clothing, women's jewellery, women's accessories - including handbags and footwear - watches, and gourmet food and wines.
Announcing the release of the report, The Knowledge Company Chairman, Mr Arvind Singhal, said: "India......
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Indian Luxury Goods Buyers Set To Treble By 2010
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