# Professor Anindya Ghose discusses the future of India's luxury goods market following a recent slowdown in the country's growth rate

1 Faculty News October 9, 2019 ![Vogue Business logo](/sites/default/files/styles/246w/public/assets/images/Vogue-Business-logo-feature.jpg?itok=d1PjTnvW)>

Excerpt from [Vogue Business](https://www.voguebusiness.com/companies/india-largest-luxury-retailer-reliance-brands-ceo-darshan-mehta) -- "Still, India remains a promising untapped market for brands from Alexander McQueen to Valentino. 'These negative developments are short-term hiccups,' says [Anindya Ghose](https://www.stern.nyu.edu/faculty/bio/anindya-ghose), a business professor at New York University who studies Indian retail. 'I can see the battle lines being drawn between Amazon, Walmart and Reliance.'"

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