India's luxury market just crossed USD 10.6 billion. That number used to feel like a forecast. In 2026, it is the floor. The country now has over 700,000 high-net-worth individuals, a middle class that will make up 61% of the population by 2047, and a generation of consumers who grew up watching global culture on their phones and now want to own a piece of it. The DLF Emporio crowd in Delhi and the Jio World Plaza crowd in Mumbai look different from five years ago. Younger. M
