
Language of luxury | As the nicer things of life all pour in
India TodayW ith an annual growth rate of 30 per cent, India’s luxury market that stands at $17 billion is not just a gossamer dream woven in tall tales but a dynamic industry with global ambitions. However, its growth story is not just dominated by an expanding appetite for global brands, but also providing a fertile canvas for home-grown luxury brands to expand and experiment. As India emerges as the next global luxury hub, Jean Touboul, CEO, Pernod Ricard India, one of the leading premium spirits brands in the world; Vivek Sahni, co-founder and chairman of Kama Ayurveda, a driving force in the homegrown beauty and wellness space; and Rahul Mishra, visionary fashion designer and the first Indian to showcase at the Paris Haute Couture Week, are perfect examples of India shining. If Pernod Ricard India’s journey to becoming the largest alcohol player in the country by revenue is a mixed bag of rising premiumisation of spirits, elevated consumer tastes and growing disposable incomes, international fashion runways are mostly festooned with clothes that are more or less made in India.
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