The retailer has stated that sales have grown by 41 percent since 2017 with the luxury retailers now operating three stores in the country, which are located at Delhi, Mumbai and Bengaluru. The impressive growth reflects a strengthening Indian luxury-goods market estimated to be worth about US$8 billion now and growing at a rate as high as 18 percent through to 2023.

Louis Vuitton India’s net profit for the 2019 financial year was ₹16.17 crore (US$2.25 million), over ₹12.98 crores ($1.8 million) for the previous year, according to local regulatory filings. Globally, the company, LVMH recorded revenue of €53.7 billion last year, up 15 percent year on year.