India is a huge market for luxury brand lovers who like to splurge and show off wealth, with the country being home to a sizeable number of millionaires and billionaires.

Don't care about logos but want high-end luxury products at one-third of the price? This is for you

Quiet luxury is defined as "clothing of the highest quality, but also clothing that has timelessness, is sophisticated and understated," Thomaï Serdari, director of the fashion and luxury MBA program at NYU's Stern School of Business, told Insider.

Quiet luxury explained: What it is and which brands will benefit

They’re the biggest of brands. But with no logos. And that’s the whole point. Call it stealth wealth, or quiet luxury. For the rich and those who aspire, logo-free fashion with outsized price tags is having a moment — at least among people who can spend in the face of higher inflation and a volatile economy.

'Quiet luxury': No flash, no logos, but big-time style

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