France’s iconic Galeries Lafayette has opened its first luxury store in Mumbai in partnership with the Aditya Birla Group, targeting India’s growing aspirational consumer base. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said the launch marks a defining chapter in Indian luxury retail, combining global brands with world-class experiences. India’s luxury market is set to grow fourfold to $90 billion by 2030, driven by a youthful, globally connected, and affluent population. The partnership aims to redefine luxury in India, offering premium shopping, cultural experiences, and Indian warmth, while building long-term value across the consumer pyramid.
Galeries Lafayette Launches In Mumbai | KM Birla: Luxury Market To Quadruple By 2030

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