Global luxury brands have always sought to capture a share of the massive Indian market. However, this has always been a challenging task due to exorbitant tariffs, bureaucratic complexities, and competition from local goods. Despite these obstacles, major players continue to vie for the attention of Indian consumers.
Luxury brands compete for market share in India
Global luxury brands have always sought to capture a share of the massive Indian market. However, this has always been a challenging task due to exorbitant tariffs, bureaucratic complexities, and competition from local goods.