Abstract
Luxury is interpreted by different people in different ways and needs to be examined in broader terms in India than elsewhere. In India, something as simple as a cappuccino at one of the branded cafés that are cropping up all over the country, has many traits of a ‘luxury good’ since it is considered unique, offers a new level of quality, has an element of refinement, and which only a small percentage of the population will permit themselves to purchase.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
IMF (2011) World Economic Outlook Database.
India Food News (2011) ‘The Indian Food & Beverage Market to Touch US$330 Billion by 2015’, http://indiafoodnews.com/?p=528
Interview with Pooja Dhingra, 13 February 2012 (Soumya Jain).
Interview with Mohit Khattar, 30 January 2012.
Interview with Anish Malhotra, 9 February 2012.
Interview with Ashutosh Munshi, 22 November 2011.
Interview with Sandip and Rahil Shah, 28 November 2011.
Munshi, N. and Jopson, B. (2012) ‘Amazon: Welcome to the Junglee India’, 2 February, http://blogs.ft.com/beyond-brics/2012/02/02/amazon-welcome-to-the-junglee-india/#axzz 1lieSRqX3
Silverstein, M. and Fiske, N. (2003) Trading Up: The New American Luxury, New York: Penguin.
Editor information
Editors and Affiliations
Copyright information
© 2012 Thomas Recchione and Akash Misra
About this chapter
Cite this chapter
Recchione, T., Misra, A. (2012). New Consumer, New Luxury. In: Atwal, G., Jain, S. (eds) The Luxury Market in India. Palgrave Macmillan, London. https://doi.org/10.1057/9781137264169_7
Download citation
DOI: https://doi.org/10.1057/9781137264169_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-34053-8
Online ISBN: 978-1-137-26416-9
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)