In contrast, the 57-year-old Srinivasan simple, rich 34-year entrepreneur TT Asia Times Siddharth. Maya COO Electric has nine motorcycles and two BMWs. "I've
been a bike enthusiast, and some Harley, Ducati and Honda in my
collection," he said. "My parents belong to different generations, but
times have changed, and many young people like to spend the money on luxury goods, because they are fashionable and trendy world. "
Chennai enormous changes in recent years. Rapid
growth, which causes other parts of India, and the influx of foreign
workers, traditional conservative society, a lifestyle fashion urges
wealthy families to spend money on purchases Luxury migrate. Manufacturers
of cars and bikes, luxury hotels and a host of brands such as Louis Vuitton UK, Armani rush to make hay in the sunshine of wealth and
consumption.
This city, more than 4.6 million, with open arms to embrace this change. Day, the French luxury brand Louis Vuitton opened its fifth store in the desire Chennai in India have a busy shopping. Louis
Vuitton products at a price of Rs 10,000 and Rs 7.5 lakh, the upper end
of the range of average annual income of the family of the Indian
middle class. Louis Vuitton also expects its new store buyers access to the city of Salem, Coimbatore and Madurai. Target
luxury Bergamo, inside the Louis Vuitton UK store will soon be on sale
exclusively at Bottega Venetta watches and Jimmy Choo shoes, said Ajay
Agarwal, CEO of Bergamo.
Earlier
this year, the iconic motorcycle brand Harley - Davidson open a relief
to see a lot of people from the city to buy exports from Bangalore. The city now has two new luxury five-star general Zola ITC and Leela Palace, changed skyline luxurious.
Genesis
Luxury, several large sales of the luxury brand in India, operates a
format called Luxxe Box in Chennai, within Canali, Paul Smith and Etro,
for example. "Chennai
is a new luxury market and growth potential, because everyone is well
informed and understand the international brand," said Sanjay Kapoor,
managing director of Genesis Luxury.
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