Rhys Blakely
2 for 1 tickets to Casablanca, this coming Monday
The salesman in the Bombay branch of Brioni, the Italian tailor favoured by James Bond, oozes high-class disdain. When quizzed on the price of a linen blazer, a raised eyebrow effortlessly communicates that those who ask such questions can seldom afford the answers. He is, as it goes, quite correct: the jacket costs £3,000.
The wonder, though, is not how much 007 splashes out on his clobber, but that Brioni has set up shop in a country where three quarters of the population live on less than 25p a day. The outfitter is far from alone. Bombay is home to one of the few shopping centres to sport a Rolls-Royce showroom, about a 30-minute drive from Asia’s biggest slum. Ferrari recently - and rather bravely - sent out two reinforced 612 Scaglietti supercars to tour the sub-continent’s potholed highways to showcase the marque.
Stella McCartney, the designer, has announced plans for six stores across the sub-continent - a bet on Bangalore’s fashionistas matching the profligacy of their peers in LA and Moscow. Joseph Wan, the chief executive of Harvey Nichols, is studying a move into the market.
In luxury retail, the centre of gravity is shifting east. India will spend about £2 billion on luxury goods this year, according to A. T. Kearney, the consultancy, a number expected to hit £15 billion in 2015. Already, there is plenty of cash about. Forbes magazine says that India sprouted 19 new dollar billionaires last year. It now has 54 - more than Japan for the first time.
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I would be rather impressed if India had lots of trillionaires as that would really prove it was a rich country.
Azad Shah, London, UK
I have just returned from a tour of northern India and also Chennai in the south and to say that India is a rich country is crazy. There is very little infrastructure there, outside of the major cities there is no sanitation, no clean water, no motorways, erratic electricity supply, rubbish everywhere and extreme poverty. I spoke to a number of business people there and they all blamed the situation on the corruption of the government and officials who control the the money supply. It is no use being a Billionaire if your country is drowning in a cesspit of filth.
Valentina Gray, Auckland, New Zealand
Where does all this hate come from? India has been independent for over 60 years, which would mean there are very few people alive who even remember India as a British Colony.
Iâm British, and work with many people who are Indian, no one is treated any differently and there is no jealousy or hate in the team.
Weâve had a few conversations about India, especially around the 60th Anniversary, and the consensus seemed to be that India is a young country, and therefore it has its problems, and purely because of the size of the population, those problems are more difficult to sort out. There are exactly the same problems in the UK, some people have nothing, some people have too much.
The few UK based Indians writing here criticising Britain, please donât be in the UK and abuse us for what went on in the past, itâs just rude. Britain is going through huge changes and trying to be more global, and no one likes the person who comes to stay in your home, then criticises the host.
Paul, LEEDS, UK
well and well.
let the press do their slander, at the end of the day, india today is richer than the UK.
the press can moan and groan.
50 years ago, india was a part of the british empire
another 50 years down the line, england shall be a part of the global indian empire.
shripad sathe, normanton,
I can smell something burning in Britain, I guess thats people here burnning with envy about India becoming prosperous. Thats probably the reason why Indians are still despised here to some extent, fearful of the Indians becoming victorious whereever they are.
Great for India. Needless to say, I wish I could quote at least one philanthropist in India, I cant think of any.
SP, U.K
Padmini Yeleswarapu, Warrington, U.K
India is a dump, no matter how many Billionaires there are, sort out your poverty and hunger, then sort out your corruption, and then maybe you may a country to be proud of.
Oh and btw, while you still have fanatical religion and bolloywood films your country ain't going no-where, far too much time consumed in these two factors.
Hardev SINGH Gill, London, GREAT BRITAIN
I visit India on business every 8 weeks. The infrastructure there is a complete mess. The quality of life is miserable except for the fact that for 50 pounds monthly you can hire a wonderful chef all for yourself. Maids are even less expensive. Still you, me, the maid and Lakshmi Mittal all have to breathe air so totally polluted that one can sense the instant impact of the germs entering one's body. We are all stuck in the same traffic jams on the way into town and we can all see the residents using the streets as open toilets. The Brioni suits, Rolls and Stella McCartney frocks are only crutches against a society which while honouring capitalism refuses to tackle its infrastructure and quality of life in a meaningful way. Almost Victorian times there!
H. Peter Turner, Montreal, Canada
Nick,
some comments on your points like "Rajan Shah, that while you are gloating, you will consider the amount of aid and charity your country has received since independence;"
The amount of aid received is only of two decimal points importance if you consider the present value of the wealth England robbed from India over the 200 years it reigned India. You may take any relatively neutral written history book to verify this.
And, in the age of global village and mutual understanding where even Europeans, who fought with each over centuries, are putting emphasis on cultural interaction, forming study programs like Socrates scholarship etc. within EU, the view "sending its children to the other ends of the earth to get an education" sounds seriously backdated!!
Shubho Ghosh
London
Shubho Ghosh, London,
NIck,
dont forget that Uk has maximum students coming to study from india.each of them paying atleast £15,000 as fees .So you are not doing any favours to anyone.If they dont come to UK you will nevr be able to get free /concession college fees .Just to let you know
Girish, leeds, UK
I am in the water/sewer field. India still is a nightmare when it comes to clean drinking water and wasterwater treatment. Everyone opens a plastic bottle for drinking water which is what they offer to refugees in most places.
Point is it is all fine and dandy for billionaires and crorepathis to brag about the money etc. There has to be a sense of direction, at what point Bharatmata will have good infrastructure for water, sewer, power and roads? When you build a nice highway or aiport by all means brag about it. In the scheme of things the rich guy won't ackowledge you; but a highway can take you to trauma center quickly enought to save your life. We know how important that is! Don't we, especially after a Mumbai car crash. Who is beating the drum for that? Ambani can't go any faster on a highway than you can - thats called creating great middle class. Me and Donald Trumph goto work at the same time and I cut him off and give him the finger sometimes! Oh The Joy.
Navin, New York, NY
And I hope, Rajan Shah, that while you are gloating, you will consider the amount of aid and charity your country has received since independence; then consider the institutions that you inherited but for which you would still be living a fuedal existence.
None of us begrudges your success but it ill becomes a country that has and is still sending its children to the other ends of the earth to get an education.
Nick Jackson, St. Albans, UK
I could not agree more with Ragan.
A Stewart, Wellington, New Zealand
well RB why the hell not talk about the slums & potholes? They exist and noting the disparity between the haves & the have-nots is good reporting in my opinion. anyone who has been to India will have seen the poverty and filth for themselves and it doesn't get cancelled out or magicked away just because there are a few billionaires. Stop being so defensive guys...so no-one can say anything about the reality of life in India for the masses without being imperialist? Lets face it many people live in appalling circumstances, not to mention child labour and I for one am not impressed by people amassing ridiculous amounts of money at the expense of others. Not envy ... just pity.
Molly, In the mountains,
Typically, no article about India written by a brit is ever complete without a mention of slums and potholes in India. It doesnt matter that the title reads "Indias Billionaires" , . I havent yet heard a bbc report or read an article about prosperity in India that fails to mention the poverty.
No matter what altruistic justification the writer claims, the driving force for this is envy. Only human, after all.
RB, Philadelphia, USA
Rajan,
Wise old Indian women say "pride will kill you".
Even if the Indian economy takes over the UK, we should all be sick that the majority of Indian families live without proper healthcare; about half of Indian households do not have running water.
It would be good if we heard that the India elite 54 billionaires planned to act like Warren Buffet or Bill Gates giving 90% of their wealth to foundations planning sustainable development.
In hope for a better Bharat/India. Thank god the British made the trains.
Alpesh Patel, Nice/Nadiad, France/India
John i have no idea how you got the idea that the majority of people call it Bombay. I have lived in Mumbai all my life and when they name changed offically, many people started calling it mumbai. The raj is over, long long dead; there is nothing wrong with calling it Mumbai. Anyway it does not really matter whether we call it Bombay or Mumbai what actually matters is the UK our old imperial master recognises that the Indian economy will soon swallow the old master and leave old merry UK far far behind.
Rajan Shah, MUMBAI NOT BOMBAY, India
The majority of people in Bombay call it 'Bombay' and not 'Mumbai'. The fashion for unnecessay post-imperial names is not popular, particularly in the Soth of India.
john hall, Hyderabad, India
The article states that Ferrari sent two cars to "tour the sub-continent's potholed highways". Please note that the South Asian sub-continent (frequently and wrongly called the Indian sub-continent) consists of three countries, Pakistan, India and Bangladesh. Ferrari sent the cars on a tour of India only, not of the subcontinent.
Abid Shaikh
Karachi, Pakistan.
Abid Shaikh, Karachi, Pakistan
Rhys, by Bombay do you mean Mumbai? The British left India many years ago now.
HH, London, UK