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India’s Luxury Market May Grow to $15B by 2015
India’s luxury market is expected to grow 25 percent in 2013 and at that same rate for the next two years, up from the current level of $8 billion and irrespective any global economic slowdown, according to a study by ASSOCHAM-Yes...
Retail Feb 06, 2013 Dilipp S Nag
Rupee
ASSOCHAM Forecasts a Stronger Rupee Ahead
The U.S. dollar is likely to drop below INR 50 in less than three months and then stabilize due to a host of policy reforms in India, the return of foreign institutional investors (FIIs) to the Indian stock market and...
Financial-Legal Sep 28, 2012 Dilipp S Nag
Damiani
Damiani Seeks to Invest in India
Italian jewelry brand Damiani has filed an application with the Indian government to invest in the country as a single-brand retail business.A government document showed that Damiani India Private Ltd. filed the application with the...
Retail Aug 14, 2012 Dilipp S Nag
tiffany small
Tiffany in Talks to Enter India
Tiffany & Co. is close to forging a partnership in order to enter India, the Economic Times reported. The luxury jeweler is said to be discussing a 51 percent joint venture with former actress Reena Wadhwa, who currently has a joint...
Retail Jan 24, 2012 Rapaport News
Jewelry Sales India
Foreign Investment in Retail to Create 10M Jobs in India
India's Union Minister for Commerce and Industry, Anand Sharma, expects the Union Cabinet to decide to permit foreign direct investment (FDI) into multi-brand retail in the country will create 10 million new jobs, including...
Retail Nov 28, 2011 Dilipp S Nag
CII
India’s Organized Retail to Get Boost From FDI
The Confederation of Indian Industry (CII) on Friday welcomed the government’s decision to allow foreign direct investment (FDI) in multi-brand retail and raising the investment limit in single brand formats in India. CII stated that FDI...
Retail Nov 25, 2011 Dilipp S Nag
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