The Indian Luxury Expo (TILE) will start in Vishakhapatnam from July 2, 2016. TILE will be an exhibition showcasing luxury brands in India, over a period of two days.
During the exhibition, luxury cars and motorcycles will be showcased, along with exquisite perfumes, cosmetics, and Jewellery. The Federation of Indian Chambers of Commerce and Industry is the industry partner for the Luxury Expo.
Karan Bhangay, the Founder of TILE said, "India is set to become the world's fastest wealth creator in the next few years. Currently, India has over 1,50,000 millionaires, over a million-and-a half India have more than USD 100,000 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 per cent a year."
TILE Co-Founder 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."
The Luxury Expo was previously held in Chennai, Hyderabad, Mumbai, Pune, Chandigarh, and Delhi.