The Indian luxury market in 2024 is experiencing unprecedented growth, driven by rising disposable incomes, increased brand awareness, and a growing affinity for premium lifestyle products among the affluent population. According to recent data-driven analysis, the market is expected to reach new heights, with segments like luxury fashion, automobiles, and jewelry witnessing substantial demand. Tier 2 and Tier 3 cities are emerging as significant contributors to this growth, alongside traditional metro hubs.