Apple is just the beginning: Why global brands are flocking to India
Inside Retail
APRIL 12, 2023
In recent years, India has emerged as a major market for luxury brands. It currently accounts for over 10 per cent of the country’s gross domestic product (GDP) and around 8 per cent of the employment. Now things are changing in the world’s second-largest smartphone market, with nearly 700 million mobile phone users.
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