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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world's largest consumer-focused investment firm L Catterton to launch an India-focused...

India's luxury market to break all-time record in 2016: Study

Given the rising brand awareness among Indian youth and purchasing power of the upper income consumers in tier II and III cities, Indian luxury market is expected to cross US $18.3 billion by 2016 from the current level of US $14.7...

Indian online luxury market to touch USD 35 bn by 2016: ASSOCHAM

Parallel to the growth of online food and grocery retail, the luxury market in India is also witnessing promising growth, according to a new ASSOCHAM study. Indians are likely to spend USD 35 billion on online luxury stores by...

India’s Luxury Market Estimated to Cross $14 bn in Next 3 Yrs: ASSOCHAM

India’s luxury lifestyle market has remained largely unaffected by the economic slowdown in 2013 and touched around $8.5 billion with growth rate of 25-30 percent in 2013 as against $6.5 bn in 2012, according to a recent paper by...
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Traditional sweets records 55% surge in pre-festive sales: Report

Western desserts make up only 25% of sales, with ice creams and chocolates representing the remaining 20%Bengaluru: Traditional Indian...
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