India’s Ultra-Rich Invest in Watches and Art, Defying Global Luxury Trends
India’s economic upswing has not only propelled its growth but has also reshaped the luxury investment landscape, with the country’s wealthiest increasingly turning to high-end collectibles. According to the ‘Wealth Report 2024’ by Knight Frank, 17% of India’s ultra-wealthy have invested in luxury items, with a pronounced penchant for watches, art, and jewelry. This diverges