Luxury is all about experience, it is all about aspiration, it is about dreams and the well travelled Indian wants to re-live the same international experience in their own country. Over the last few years, with the economy doing well and more disposable income, there has been a change in the consumption pattern of the Indians. The spurt in affluence, and the emergence of a new breed of young population has led to a rapid growth of the luxury sector. There is a voracious appetite for luxury products such as jewelery, cosmetics, fragrances, electronic gadgets, automobiles to luxury services like hotels, spas, real estates,exquisite holiday destinations, to the big fat Indian weddings. India has become the prime destination for top-notch global and domestic brands. Many high-end luxury brands have set up shop here, some are at the threshold waiting to enter and many more are eyeing India. The latest ASSOCHAM report said ‘Indian Luxury market will cross $18.3 billion by 2016; India’s luxury market will break all times record in 2016’ One of the gravest challenges that the growth of the luxury industry in India faces, is a dearth of skilled and talented persons who understands the Indian luxury consumers, who can understand the luxury product and services, the marketing, financial and operational aspects of luxury and who understands the idiosyncrasies of both the domestic and international Luxury industry. In order to bridge this gap MIP Politecnico di Milano Graduate School of Business - Milan announces the launch of their new Masters Program – 'Master in Global Luxury Goods and Services Management' (MGLuxM), in partnership with S P Jain School of Global Management. The program exposes the participants to the world of global luxury and relates and connects it to the bursting emerging luxury markets like India. The industry centric curriculum and real life projects both in India and Milan would give them a complete grip over the nuances of the developed European luxury markets and the rapidly growing emerging markets.

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