Asia

Having lived and worked throughout Asia over the past few years, I am continually reminded that the Generation Gap that I wrote about in China’s Generation Y applies to many Asian cultures—China and beyond. In my book China’s Generation Y, I spent one chapter describing the significant generation gap between Gen Y’s parents, who grew … Read more

By Ramesh Hariharan, Executive Director of Defussion Knowledge Solutions

Today’s organized retail sector in India is valued at $7 billion, and within 3 years (by the year 2010) the figure shall be 3.5 times as large at $25 billion.

According to a recent Kline report, India’s personal care market grew 12.6% in 2006 and consumers are showing a marked preference for upmarket cosmetics. Anti-ageing and skin-whitening products are the biggest sellers in India, according to Kline. Per capita spending on personal care is $3.4 0USD according to Kline. The luxury market in India is expected to grow 25% by 2010.