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Tag: India China trade

India Turns to Australia for Rare Earth Magnets, Moving Away from China

India Turns to Australia for Rare Earth Magnets, Moving Away from China

Rare Earth Magnets: India is reportedly considering importing more rare earth magnets from Australia after China imposed restrictions. Following this, the share prices of automobile companies rose in the stock market. There are also plans to increase their production in the country through the National Critical Minerals Mission. Increasing production, recycling after use, and providing […]

Why Are Luxury Brands Targeting Middle-Class Customers?

Why Are Luxury Brands Targeting Middle-Class Customers?

Luxury brands were once the domain of the wealthy, but now, luxury brands are targeting middle-class consumers. The explanation is that market dynamics are changing, consumers have aspirational consumption patterns, and there are long-term pricing strategies. Let us get ourselves informed regarding the history of luxury branding based on market statistics and research. The Evolution […]

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