As the population in India is getting younger and will keep getting young till 2040 and therefore the luxury market will keep going up, said Kant.
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The luxury market in India is likely to touch $18.5 billion (bn) in 2016 as against $14.7 bn last year and will clock a compounded annual growth rate (CAGR) of 25 per cent, said chief executive officer (CEO) of NITI Aayog (National Institution for Transfo
