Luxury retail and tourism play a pivotal role in strengthening economic ties between Australia and India. Australia’s $7.7 billion luxury market (2025) (IBISWorld) and India’s $17.67 billion luxury sector (2024) (Statista) are expanding, driven by rising UHNWIs, e-commerce adoption, and demand for exclusive, sustainable products.
Simultaneously, Indian tourism to Australia is set to quadruple from 300,000 (2017) to 1.2 million by 2035 (DFAT), with high-spending visitors fueling demand for premium retail, fine dining, and luxury hospitality.
This intersection presents immense cross-border opportunities—from brand collaborations to enhanced visa policies and trade relations—solidifying luxury retail and tourism as key pillars of Australia-India economic growth.
On November 29, 2024, the Australia India Chamber of Commerce (AICC) proudly hosted the official launch event for the Luxury Brands & Tourism sector, The Business of Indian Fashion in Australia, at LCI Melbourne.
This exclusive event marked the beginning of AICC’s initiatives in the luxury and tourism space, highlighting the intersection of Indian and Australian fashion. The evening featured a fashion showcase with Indian and local designers, followed by a panel discussion on industry trends and business opportunities.
Guests enjoyed a premium networking experience, connecting over fine wine and canapés, while engaging with luxury brands, industry leaders, and key stakeholders. This successful launch laid the groundwork for future collaborations in luxury retail and tourism, reinforcing AICC’s commitment to strengthening business ties between Australia and India.
Premium Member at Luxury Brands and Tourism National Industry Group – Lotus Cars.
For over seven decades, Lotus has united passionate drivers, redefining automotive excellence. Founded in 1948 by Colin & Hazel Chapman in London, Lotus embodies Chapman’s philosophy—simplicity, innovation, and performance. With racing triumphs and engineering breakthroughs, Lotus continues to push boundaries, shaping the future.
