International luxury goods makers plan to foray into India in a big way, perceiving the country as a major 'retail destination' of top-end products.
"India is becoming the beacon of the future," said Tikka Shatrujit Singh, advisor to the chairman of Louis Vuitton company, a French leather and fashion brand, that is set to expand its footprint in the country.
An environment has now been created for consumption of high-end luxury goods and services, UB Global CEO Shashikanth said, which is all set to roll out a luxury retail project, UB City-Collection, in first quarter of next year.
"The group had already signed up 10 international brands, including names like Dunhil Gucci, Mont Blanc, Van CLeef, Arpels, Zegna and would bring in 12
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