{"id":22996,"date":"2025-12-08T14:25:41","date_gmt":"2025-12-08T08:55:41","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=22996"},"modified":"2025-12-08T14:25:53","modified_gmt":"2025-12-08T08:55:53","slug":"kotak-private-launches-indias-first-of-a-kind-indicator-of-luxury-index","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=22996","title":{"rendered":"Kotak Private Launches India\u2019s first-of-a-kind indicator of Luxury Index:"},"content":{"rendered":"\n<p><strong>Pune (Voice news service):-<\/strong>\u00a0Kotak Private Banking today unveiled the Kotak Private Luxury Index (KPLI), a first-of-a-kind indicator, of price movements across 12 categories of luxury products and experiences. Kotak Private Banking has commissioned Ernst &amp; Young LLP (EY) for support in publishing the index. The index offers a data-backed view into how India\u2019s ultra-high-net-worth individuals (UHNIs) are reshaping the meaning of luxury.<\/p>\n\n\n\n<p>As India\u2019s luxury market heads toward an estimated $85 billion by 2030, the KPLI reveals a clear shift: from ownership to experience, and from material to mindful living. For investors, brands, and advisors, the index is more than a price tracker\u2014it is a cultural barometer.<\/p>\n\n\n\n<p>Launching the report,<em>&nbsp;<strong>Oisharya Das, CEO, Kotak Private Banking said,<\/strong><\/em>&nbsp;\u201cAt Kotak Private, we believe luxury is not merely about possession, but about personalization, exclusivity, craftsmanship, and heritage for India\u2019s discerning ultra-HNI community. Leveraging our legacy of financial expertise and deep insights into wealth dynamics, the inaugural edition of this report provides a comprehensive benchmark for luxury across multiple asset and lifestyle categories. Through the Luxury Index, we offer a valuable indicator for investors, brands and advisors to understand trends and cultural shifts shaping this vibrant ecosystem. We hope it serves as a compass for those who invest in luxury with purpose, reflecting Kotak\u2019s commitment to helping clients grow wealth and enrich their lives.\u201d<\/p>\n\n\n\n<p><strong>Index Performance: Key Insights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>6.7% Annual Growth Since 2022 &#8211;\u00a0<\/strong>The KPLI rose to 122 in 2025, marking a 22% increase\u00a0<strong>over three years<\/strong>. Categories such as luxury real estate and designer handbags outperformed benchmark equity indices\u00a0<strong>in 2025.<\/strong><\/li>\n\n\n\n<li><strong>Wellness as the New Status Symbol &#8211;\u00a0<\/strong>Health retreats like Amanbagh and Ananda have pushed the wellness category up 14.3% annual increase since 2022, signaling that longevity and mindfulness now define modern affluence.<\/li>\n\n\n\n<li><strong>Experiences Outpace Ownership &#8211;\u00a0<\/strong>From Antarctic cruises to Michelin-starred dining, the Exclusive Experiences Index has soared 11.6% annual increase since 2022,<strong>\u00a0reflecting<\/strong>\u00a0a hunger for stories, not just assets.<\/li>\n\n\n\n<li><strong>Luxury Real Estate Reinforces Identity &#8211;\u00a0<\/strong>Branded, tech-enabled residences have climbed10.8% annual increase since 2022, cementing real estate as the ultimate wealth marker.<\/li>\n\n\n\n<li><strong>Fashion Holds, Watches and Wines Correct &#8211;\u00a0<\/strong>Designer handbags rose 10.2% annual increase since 2022, while luxury watches and fine wines saw corrections\u2014proof that even indulgence has cycles.<\/li>\n\n\n\n<li><strong>Education as Legacy &#8211;\u00a0<\/strong>Elite university tuition is up 8.4% annual increase since 2022, making education both a luxury and a statement of legacy.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p><strong>Methodology<\/strong><\/p>\n\n\n\n<p>The KPLI tracks year-on-year price changes across 12 categories, weighted by value retention, UHNI spending patterns and magnitude. The base year, 2022, marks the first post-pandemic benchmark for comparative analysis. These categories include prime real estate, designer handbags, luxury watches, luxury experiences, health and wellness, luxury automobiles, fine art, fine jewellery, designer shoes, elite universities, fine wines &amp; rare whisky and luxury travel.<\/p>\n\n\n\n<p><strong>What It Signals:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Higher prices:<\/strong>\u00a0Rising demand, scarcity, and cultural preference for exclusivity and experiences.<\/li>\n\n\n\n<li><strong>Lower prices:<\/strong>\u00a0Market corrections or shifting priorities\u2014such as a move away from traditional collectibles toward wellness and experiential luxury.<\/li>\n<\/ul>\n\n\n\n<p>The index is a cultural and economic signal\u2014showing where aspiration meets investment.<\/p>\n\n\n\n<p>\u201cThe Kotak Private Luxury Index reflects how deeply luxury has taken root in India,\u201d&nbsp;<strong>says Bhavin Sejpal, Partner, EY.<\/strong>&nbsp;\u201cThe 22% rise since 2022 signals a maturing luxury market\u2014diverse, resilient, and driven by wealth creation and curated experiences. India\u2019s ultra-HNIs are redefining luxury as identity, legacy and value preservation. From real estate and luxury experiences to wellness travel, India is shaping the next chapter of global luxury.\u201d<\/p>\n\n\n\n<p>India\u2019s luxury market is more than consumption\u2014it\u2019s a reflection of cultural evolution, economic vitality, and aspirational identity. The KPLI reveals that luxury is no longer about what one owns, but how one lives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pune (Voice news service):-\u00a0Kotak Private Banking today unveiled the Kotak Private Luxury Index (KPLI), a first-of-a-kind indicator, of price movements across 12 categories of luxury products and experiences. Kotak Private Banking has commissioned Ernst &amp; Young LLP (EY) for support in publishing the index. The index offers a data-backed view into how India\u2019s ultra-high-net-worth individuals [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71,80],"tags":[],"class_list":["post-22996","post","type-post","status-publish","format-standard","hentry","category-business","category-health"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/22996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22996"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/22996\/revisions"}],"predecessor-version":[{"id":22997,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/22996\/revisions\/22997"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}