&lt;p&gt;A security person stands guard as a customer shops at a Gucci showroom in Mumbai in this November 25, 2008 file photo. Despite its growing number of millionaires, India lags emerging market peers China and Brazil because of a lack of quality retail space, high import duties on luxury goods, a cap on ownership in local units, excessive red tape and piracy. REUTERS/Arko Datta&lt;/p&gt;