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The Malls Powering Luxury Sales in India

A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.

Inside the Phoenix Palladium mall in Mumbai, India. — Inside the Phoenix Palladium mall in Mumbai, India. (Phoenix Palladium)

By

Arnika Thakur

10 March 2026

BoF PROFESSIONAL

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Every other month, Ahmedabad-based entrepreneur Aditi Amin sets off on a business trip or holiday that doubles as a shopping expedition. Her bustling hometown — Gujarat’s commercial capital and India’s seventh-largest metropolitan area — still lacks the retail infrastructure that seasoned luxury buyers expect.

Further Reading

Will Gen Z Ignite India’s Luxury Market?

Brands risk missing India’s next growth phase without smarter strategies for under-30s rooted in culture, access and community.

Gen Alpha Is Helping Revive China’s Struggling Malls

Shopping centers grappling with the shift to e-commerce increasingly focus on kids, hoping their parents will tag along.

About the author

Arnika Thakur is a contributing writer at The Business of Fashion. Based in New Delhi, India, she is an independent journalist and writer who covers a range of topics including luxury, fashion, beauty, finance and hospitality.

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Global Markets

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India

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The Malls Powering Luxury Sales in India

A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.

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