Join Hands to Build a Smarter India: Sign in | Join now
News

6 People Who Represent Indian Luxury Market

By SiliconIndia  |   Tuesday, 20 March 2012, 05:25 Hrs   |    1 Comments
Print Email


Bangalore: Six years ago, the press predicted that the Indian luxury market would be booming by the end of 2011 as India accounts for only 1 percent to 2 percent of the global luxury market which is just behind countries like Brazil and Poland. But analysts say that the Indian market for high-end goods will quadruple in the upcoming years. Let’s meet the luxurious entities who drive the Indian luxury market.



Tikka Satrujit Singh



Tikka Satrujit Singh, Prince of Kapurthala, is the chief representative in Asia for Moet-Hennessy and advisor to Louis Vuitton, a French fashion house. Satrujit Singh spearheads the development of Louis Vuitton's business in India. He says in the context of what holds India back in luxury markets, that “Poor infrastructure, high real estate costs and foreign direct investment (FDI) regulations create an atmosphere that is unattractive to many high-end brands. There are a lot of brands that are withholding investments”, as told to knowledge.wharton.



His grandfather, Jagatjit Singh, the Maharaja of Kapurthala in Punjab was a traveler and very much fond of swords, turbans, suits and shoes, and elaborates traditional dresses as well. Now his grandson is continuing the luxury trend through being a part of Louis Vuitton. There Singh Maharajas were huge patrons of luxury brands such as Cartier, Van Cleef & Arpels, Mauboussin, Jaeger LeCoultre, Louis Vuitton and Rolls Royce.



Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Ather Mohammad A
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
Submit Reset
Reader's comments(1)
1: Indians are highly influenced by western fashion and so its obvious that such Luxury Brands are making more and more space in India.
Posted by:Akrut - 20 Mar, 2012
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved