Indian Tourists Fuel Singapore's Luxury Boom Amid Global Slowdown

• Indian tourists are significantly boosting Singapore's luxury retail sector, helping it counter a global slowdown in high-end spending.
• Indian visitors spent SGD 812.17 million in Singapore in the first half of 2025, a 4.4% increase year-on-year.
• Indian travelers are noted for their high spending and longer average stays of 6.3 days, contributing to various sectors.
• Singapore's luxury spending is projected to grow 7-9% to SGD 13.9 billion in 2025, outperforming other regional hubs.
• The growth is fueled by affluent consumers, high-net-worth individuals, and increased visibility of global luxury brands on Orchard Road.

Why It Matters: Indian tourists' luxury spending helps Singapore's high-end retail defy global slowdown.