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Car dealerships are the most penetrated with more than 50% of their dealerships outside the metros - Mumbai/Delhi/Bengaluru/Chennai/ Hyderabad.

$5.8bn Indian luxury market spreads beyond big cities

By Tue, Oct 25, 2011 4:56PM UTC Comments Off Car dealerships are the most penetrated with more than 50% of their dealerships outside the metros - Mumbai/Delhi/Bengaluru/Chennai/ Hyderabad.

The Indian luxury market, estimated at $5.8 billion (nearly Rs 28,500 crore), is spreading beyond the big cities as adoption of global trends is catching up in smaller cities. According to India Luxury Review 2011, published by the Confederation of India Industry (CII) and AT Kearney, the luxury bug has not bitten big cities alone....