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Business Economy


Indian Luxury Expo will be held here from July 2.

Visakhapatnam, Jun 29 (UNI) The two-day The Indian Luxury Expo(TILE),one of its kind
traveling expo showcasing luxury and premium brand will be held on July 2 and 3 in the Smart City.

Addressing the media here today,founder , the Indian luxury expo Karan Bhangay said
the industry partner for the Visakhapatnam edition was Federation of Indian Chambers of Commerce and Industry and the expo showcases the most exquisite brands Representing global luxury goods marked in luxury cars and bikes, perfumes and cosmetics, jewellery and watches, clothing , accessories, hotels and wines and spirits,food, private jets, furniture, travel yachts and cruises.
'India is set to become the world's fastest wealth creator in the next few years,. currently India has over 150,000 millionairess, over a million and a half india shave more than 100,000USD in liquid wealth. the indian customer is spending more on luxury items, whose market is pegged at a whooping Rs 650 billion and growing at about 14 percent a year' he added.
Co-founder of the TILE Vishal Reddy said 'the Indian luxury expo is at the forefront of
booming luxury market, bringing brands and their audience together in an ideal mood of opulence, awe, fund and shopping. With an intelligently curated multi-city tour of india and abroad, many of our clients don't look beyond our export to meet their marketing goals.
He said having already captivated Chennai, Hyderabad,m Mumbai, Pune, Chandigarh and Delhi since 2012 the present expo was now scheduled in Visakhapatnam making it the most evolved property in the luxury industry.
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