Luxury consumption spearheads a country’s growth economy. India is set to become the world’s fastest wealth creator in the next few years. Currently, India has over 150,000 dollar millionaires. Over a million and a half Indians have more than 100,000 USD in liquid wealth. The Indian customer is spending more on luxury items, whose market is pegged at a whopping Rs. 650 billion (US$14.6 billion) and growing at about 14 per cent a year, a new study reveals.









