January 2020, Jaipuria Institute of Management in association with Shoe & Accessories publications to bring together top CEOs, policymakers, entrepreneurs, celebrities and thought leaders at ‘Jaipuria Annual Management Conference’ JAMC 2020 in New Delhi. The conference on the business of luxury will witness 15 global professionals from premium, luxury, and services sector congregate to discuss problems and offer solutions to all of the industry’s stakeholders and aspiring young minds.
India’s luxury market is one of the most cultivating markets, wherein the luxury sector has seen incredible growth in the past two decades with mounting branding awareness and growing purchasing power of the upper class. As per ASSOCHAM, India’s luxury market is set to grow to USD 30 billion from USD 23.8 billion by the year-end on the back of growing exposure of international brands amongst Indian youth and higher purchasing power of the upper class in tier II and III. The luxury retailer has realized that India is one of the world’s most vibrant, diverse and challenging markets for brands to capture this market. Today, the market in India garners huge attention as most of the global luxury brands have already arrived and more are expected to enter.
Success of luxury brands is mainly determined by their ability to understand the complexities of the Indian market, to innovate and tweak their strategies to provide affluent consumers unique and bespoke brand experience. India is a distinctive and multifaceted market and reveals a potpourri of cultures, customers, and history.Learn More