Gen Zers are more cautious about spending than generations before them. Still, they will travel to the ends of the planet as long as there is a promise of a unique, customised, and memorable experience. If luxury brands can give up outdated notions, they may tap into a new loyal customer base.

The story of Indian Gen Y and Gen Z changing the face of weddings is also a story of self-awareness, finding a voice, and clarity of thought. All stakeholders of India’s multibillion-dollar wedding industry have realised that they can’t take young brides for granted and must cater to their desires.

Ease of use and interoperability have made homegrown instant payment systems the preferred mode of transactions for payments for millions of Indians who are becoming more digitally savvy and evolving commerce locally. Now, the United Payments Interface (UPI) is trying to recreate its success abroad.

Festival season is a buyer’s market for fashion-forward Indian consumers, with much of the spending on textiles, garments, and jewellry. International brands are taking notice of the growing appetite of India’s affluent classes for luxury and responding with collections to satisfy their tastes.