Global Luxury Goods Market Report: 2008

The Luxury goods industry is a very wide industry comprising of products from watches, jewellery, perfumes, expensive wines to yachts, expensive pens, and clothes. There is no particular definition of products to be termed as luxury. How the utility of a product is perceived, how much is spent on that product, are some of the parameters to define a luxury product.

The two most prominent characteristics of a luxury product is one they are meant to show off one’s wealth and secondly they are also a medium of self expression. The objective behind purchasing such luxury products may also be different, like self-indulgence or as a status symbol. The industry is said to be highly cyclical and the driving force behind the growth of this industry is the increasing wealth worldwide, while the economic growth and conditions of various regions as well as traveling activities also affect this industry.

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INDIAN CULTURE

India has a geographical advantage for tourism – it is located centrally and is a meeting point of East-west and North-south. It has a rich cultural heritage. Festivals & fairs, exquisite handicrafts, traditional cuisines, classical & folk songs and dances, temples, music, etc make tourism an ideal attraction along with all its beautiful beaches, mountains & hills, wildlife & forests, forts, bird sanctuaries

The Indian subcontinent consists of a number of separate linguistic communities each of which share a common language and culture.

The people of India speak many languages and dialects which are mostly varieties of about 15 principal languages.

Though distinctive in parts, all stand for a homogeneous culture that is the essence of the great Indian literature. This is an evolution in a land of myriad dialects. The number of people speaking each language varies greatly. For example, Hindi has more than 250 million speakers, but relatively few people speak Andamanese.

India’s schools teach 58 different languages. The nation has newspapers in 87 languages, radio programmes in 71, and films in 15.

The Indian languages belong to four language families: Indo-European, Dravidian, Mon-Khmer, and Sino-Tibetan. Indo-European and Dravidian languages are used by a large majority of India’s population.

The language families divide roughly into geographic groups. Languages of the Indo-European group are spoken mainly in northern and central regions.The languages of southern India are mainly of the Dravidian group.

Some ethnic groups in Assam and other parts of eastern India speak languages of the Mon-Khmer group.

People in the northern Himalayan region and near the Burmese border speak Sino-Tibetan languages.

Source by: Tour packages