Is India ready for Luxury Phones?

Is India ready for Luxury Phones?

Luxury phones are not a new phenomenon in India. While most luxury car brands have launched phones earlier, their growth so far has not been very enticing. Vertu, a luxury phone maker launched phones in India back in 2013 with the range starting at Rs 6.5 lakhs....
The Changing Face Of Luxury In India

The Changing Face Of Luxury In India

In the past few years, luxury in India has been growing at a compound annual growth rate (CAGR) of about 25 per cent. As per a report by Assocham, the market is expected to exceed $18.6 billion by 2016-17. Interestingly, as per Amitabh Kant, CEO, Niti Aayog, the...