As a rapidly growing country and the world's largest democracy, India is an attractive market for overseas businesses and investors. In recent years, the country with a population of more than 1 billion has experienced rapid economic growth and is now the world's fifth largest economy in terms of gross domestic product. In fact, India's GDP growth has been the highest in the world over the past decade, with annual growth rates typically ranging between 6% and 7%.
According to statistics from the Associated Press:
Since the end of COVID-19 in 2019, the share of the Indian luxury goods market has increased year by year.
MY QUEEN-india seized the business opportunity and officially entered the Indian market in March this year.
We plan to set up 500 offline branches in India within 3-5 years. Currently, we are in the early stages of the project and we need to build our brand awareness.
