cii-imrb news and archive

Govt to help Indian luxury brands establish global presence

Following ‘Make in India’ initiative, the government is trying to initiate talks with international luxury leather brands such as Coach, Tod's and Hermes to set up their manufacturing centres in the country. The plan includes supporting Indian luxury and designer brands establish a strong overseas presence. Speaking at the recent CII-ET Dialogue...

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CII-IMRB Report: Tier II, III cities drive India’s luxury market

A CII-IMRB report says as the aspirational class in non-metros acquires higher spending capacity, growth in the country's luxury market will be driven by those living in Tier II and III cities. CII stated that it was clear that Indian men in non-metros continue to seek power and status to validate their position in life, just like their urban...