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
A blog dedicated to the fascinating growth of the BRIC economies and the next 11. There is also a focus on brands within these economies and other miscellaneous news.
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
Tuesday, October 5, 2010
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?
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?
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