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India's luxury market stands apart from the rest of the world because it's actually affordable  Quartz

“We’re proud to be Indian but our designs are very global,” he explained. And it turns out that this is what the modern Indian customer is looking for, whether they live in Delhi, Mumbai, Bengaluru, or Chennai. New Delhi-based Nappa Dori , for instance, has seen Indian shoppers increasingly snapping up its richly-hued leather bags and pastel-coloured trunks which were once only embraced by expats and tourists. Now, founder Gautam Sinha says, 40% of the brand’s customers are local, a big improvement from the early days. With many of its products priced between Rs8,000 and Rs13,000, Nappa Dori’s leather goods are slightly more expensive than Cord’s but they still come in much cheaper than the products sold by brands such as Louis Vuitton or Hermès, making them an aspirational choice for consumers who appreciate good design, and are willing to pay for it. A post shared by nappadori (@nappadori) on “Over the last 10 years, the younger generation is a lot more proud to be Indian…there’s a lot more self-confidence, belief (in) the way the economy is doing, (and) a lot more disposable income. All those factors taken into account work positively for a brand,” Sinha told Quartz. And that applies to fashion, too. Homegrown brands such as Nicobar, The Olio Stories, and Jodi are finding fans by redefining Indian style , taking inspiration from around the world and pairing it with local cotton and khadi fabrics to create unconventional patterns and designs. With prices that range from around Rs1,500 to Rs9,000, these new-age brands are positioned in the sweet-spot for capitalising on the rising tide of young, affluent, and style-conscious consumers who are looking to stand out from the crowd. “We felt now is the right time to launch a brand to showcase and celebrate the newer side of India,” Nirmal Kaur, head of brand and marketing at Nicobar, told Quartz earlier this year, adding that there’s a growing section of Indian consumers who are more curious and experimental than ever before.

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