India
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Shandaar Jivan Luxury Lifestyle

  • India’s internet population consists of over 243 million people and represents the third largest internet population next to China and United States
  • 54% of India’s population is under the age of 25, 75% of India’s online population is under 35 years of age
  • India’s luxury market is forecast to grow to $14.7 billion by 2015
  • Jewelry, electronics and cars are growing at the fastest rate, whilst accessories, wines and spirits and luxury travel continue to perform steadily
  • 86% of India’s netizens are on Facebook making it the most popular social media platform in India, approximately 61.5M making it third in the world
  • By 2015, India is projected to be the second largest internet population in the world with 330-370 million users online
  • By 2017 global mobile commerce transactions will exceed US$3.2 trillion, up from US$1.5 trillion in 2013
  • 81% of India’s population uses mobile phones of which 110 million mobile phone owners are internet users
  • Google accounts for the vast majority of searches in India
  • India’s high net worth individuals control close to 65% of India’s $1.3 trillion USD of individual wealth which is far higher than the rest of the world
  • There were 1,575 HNWI’s in India in 2013 with an average per capita wealth of $353.4 million USD making them a prime target group for wealth sector professionals. Of this total, there were 56 billionaires, 386 centimillionaires and 1,133 affluent millionaires

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