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Luxury retail not part of India's success story
Indian luxury market at $5.8 bn, goes beyond metros
The Indian luxury market, which is estimated to have touched around $5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, where many firms are expanding their base.According to a report by CII-Kearney, the luxury market has grown beyond expectations at a rate of 20% over the past year and is likely to grow at the same