Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Tuesday, October 5, 2010

India's luxury market set to grow

Recent article from Indian publication claiming that the luxury market is set to grow by 25% over the next few years, courtesy of a booming economy. As with the other BRICS, a growth in the middle class and disposable income, India is becoming a prominent market for international brands.

Read article here

Monday, September 6, 2010

Indian & Chinese prime picking for British Airways?

As BA/Iberia go on the hunt for airlines to acquire/merge with, it is highly speculated that many of the 'potential' airlines are from India and China. This would hint towards BA's plan for greater service within these markets, where air travel has increased dramatically - a result of economic growth.

http://www.bbc.co.uk/news/business-11196410

With such an established global brand, it will be interesting to see what the result of a acquisition or merger would look like in these markets. With recent reports showing western brands creating localised offerings (Hermes, GM, etc in China), would British Airways follow suit?