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Chanel to Chandigarh and Mango to Mangaluru as luxury retail moves beyond metros
Business
Published on 12 May 2026
A parallel retail economy is booming fast
India’s luxury and retail map is shifting as Tier 2 cities draw global brands and premium malls, often outpacing bigger metros. A new study points to a parallel retail economy powered by rising local consumption and improving infrastructure in rapidly growing urban centers, signaling a fresh battleground for retailers seeking next-wave shoppers.
- Tier 2 cities are attracting global luxury brands
- Premium malls in smaller cities are outperforming metros
- Rising consumption power is reshaping retail demand
- Modern infrastructure is accelerating urban retail growth
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times