Prominent voices, including Uday Kotak, founder and director of Kotak Mahindra Bank and India’s G20 Sherpa and former NITI Aayog CEO, Amitabh Kant, have highlighted the need for India to create its own Louis Vuitton or LVMH equivalent.
In India, major players like Reliance and Aditya Birla Fashion are investing in luxury.
Many Indian luxury brands, like Sabyasachi and Tarun Tahiliani, are known by their designer names rather than as global institutions.
The story "Is India next luxury superpower? Hublot CEO bets on strategy, innovation" has 810 words across 47 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "Is India next luxury superpower? Hublot CEO bets on strategy, innovation" was covered 7 hours ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 251 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.