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2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.
Luxury Market India: 2023 was a record year for India’s luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.
2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.
Jammu Tawi: Socomec, a pioneering global leader in innovative power management solutions, proudly announces the appointment of Devesh Singhania, a seasoned financial expert serving as CFO India Region & APAC Industry Controller, as the Vice Chairperson of the Indo-French Chamber of Commerce & Industry (IFCCI) CFO Committee, effective immediately.Commenting on this Payal S. Kanwar, Director
Get latest articles and stories on Business at LatestLY. New Delhi [India], November 25: The Indo-French Chamber of Commerce and Industry (IFCCI) awarded best CSR projects from French and Indian companies across seven categories at the 5th edition of the IFCCI CSR Conclave and Awards in the presence of Damien Syed, Deputy Head of Mission, Embassy of France to India. The Annual CSR Conclave brings together CEOs, policymakers, CSR leaders, CSR foundations and non-profit organizations to a single platform and share best practices while recognising the efforts of the most impactful CSR projects. ...