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Story perspectives

India's Luxury Market to Exceed $85 Billion by 2030

1/18/2026

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Story summary
  • India's luxury market is projected to surpass $85 billion by 2030, signaling strong growth.
  • The Kotak Private Luxury Index 2025 (KPLI) shows a shift from ownership to experiential wealth.
  • Health and wellness spending is rising at 14.3% annually, reflecting a shift toward experiences.
  • The trend reflects a post-pandemic mindset prioritizing enrichment and longevity over brand accumulation.