with the market reaching a value of €23-€38 billion by 2030. This surge is driven by India's rapidly expanding middle class, who have more disposable income than ever before.

Major cities like Mumbai, Delhi, and Bengaluru are a magnet for the wealthy, concentrating 90% of the country's luxury stores. Delhi, steeped in history, welcomed its first Louis Vuitton store in 2003.

Mumbai boasts the title of housing the largest luxury mall - the Jio World Plaza, a sprawling paradise for prestigious brands. This project, spearheaded by Isha Ambani, exemplifies the growing power of Indian corporations. Reliance Industries, the owner, is rumored to be planning a major acquisition.

Bengaluru, India's tech hub, is also transforming into a luxury hotspot. The recent opening of the Mall of Asia underscores the city's rising significance.

International brands are taking notice. Galeries Lafayette has set its sights on entering the Indian market, while Christian Louboutin has joined forces with an Indian conglomerate. This influx of renowned brands signifies the growing allure of the Indian luxury market.

Luxury watches, a particular favorite among India's tech millionaires, stand out as a booming category. Leading retailer Ethos predicts a phenomenal 12.5% annual growth rate for this segment, reaching €1.4 billion by 2025.

Gucci is identified as a brand with exceptional potential in this market. Established powerhouses like Louis Vuitton, Chanel, and Dior are also poised to thrive in this flourishing landscape.