Sales of luxury products in India are on the up as the country experiences a rise in the number of dollar millionaires living there. Looking to make the most of this growing niche, Italian luxury car manufacturer Maserati is set to re-enter the market. But will it be a smooth ride?

Following seven consecutive years of growth, in 2014 Audi became the first luxury car manufacturer in India to sell more than 10,000 vehicles in a year. With the auto brand planning to open 40 showrooms across 11 states in India by the end of 2015, what's fuelling its popularity?

As the Indian middle class continues to expand, Moët Hennessy is capitalising. It's creating a new line of sparkling wines made from Indian grapes that embody both affordable luxury and the country’s proud heritage.

Given its per capita GDP and number of high net worth individuals, analysts estimate that India's luxury market could be up to 150% larger than it is now. Can an understanding of the unique Indian mindset help unlock its full potential?