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Serious India Rupees Crashes! MIW should invest more Cheap Cheap!

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Rupee merely declined and not crashed. Its adjusting to new US trade policy. Once its done that, it will stabilise or strengthen again.
 
My Indian kopi kaki ... was enjoying his 8% pa Indian Rupee deposits at the State Bank of India branch in SG.
Now very subdued.
Rupee depreciated 12% against the SGD in 2025
 
Great time to go to India for a holiday.

Go to the northeast. Cool weather, and many ah nehs there look like Burmese.

 

How Indian Tourists Are Shaping Singapore’s Luxury Retail Market: A Deep Dive into Their Spending Habits in 2025​

Published on December 15, 2025

Celebrating 60 years of singapore-india relations

Singapore has long been known as a global hub for luxury shopping, and Indian tourists are playing a pivotal role in its continued rise. In 2025, Indian visitors have emerged as some of the biggest spenders in the luxury goodsmarket in Singapore, driving significant revenue for the country’s high-end retail sector. According to the Singapore Tourism Board (STB), Indian tourists spent an impressive SGD 812.17 million (approximately Rs 5718 crore) in the first half of the year, marking a 4.4% increase compared to the same period in 2024. This surge in spending is especially notable considering the global challenges in premium consumption.
The surge in spending by Indian tourists has not only helped Singapore maintain its position as a luxury shopping hubbut also provided much-needed relief to retailers along the famous Orchard Road, the city’s flagship shopping district. As one of the strongest driversof luxury retail growth, Indian tourists are spending not just on luxury goods, but also on experiences, dining, and entertainment, contributing to the broader tourism ecosystem in Singapore.
In this article, we explore how Indian tourists are influencing Singapore’s luxury retail scene, how their spending habits reflect the broader trends in India’s expanding affluent class, and what it means for the future of both tourism and luxury retail in this dynamic city-state.

The Rise of Indian Tourists in Singapore’s Luxury Market

Indian tourists have long been a significant part of Singapore’s tourism market, but their impact on the luxury goods sector has been growing steadily. With SGD 812.17 million in luxury goods purchases in the first half of 2025, India now ranks as one of the largest markets for Singapore’s high-end retail industry.

The key driver of this spending surge is not only the increasing number of Indian tourists visiting Singapore, but also their growing affluence and desire for luxury experiences. As India’s middle class continues to grow in both size and wealth, more and more Indians are seeking premium experiences, from high-end fashion and jewellery to luxury accommodation and dining.
 
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