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India’s luxury decade: How homegrown conglomerates are rewriting the playbook

The launch in November 2025 of French retailer Galeries Lafayette in Mumbai – a 90,000-square-foot flagship in the city’s Kalaghoda district featuring more than 250 brands – represents the next evolutionary step in India’s luxury landscape. Image credit: Galeries Lafayette The launch in November 2025 of French retailer Galeries Lafayette in Mumbai – a 90,000-square-foot flagship in the city’s Kalaghoda district featuring more than 250 brands – represents the next evolutionary step in India’s luxury landscape. Image credit: Galeries Lafayette

 

By Abhay Gupta