New Delhi, March 26 -- As global tensions rise and travel sentiment towards conflict-hit West Asia sours, Indian luxury retailers expect affluent consumers to increasingly shift their discretionary spending domestically.

The April-June quarter, usually a lean period due to fewer weddings and events that drive big-ticket purchases, could surprise on the upside after a strong March, the retailers said. Brands in luxury shoes, accessories, bags, and furniture are betting that curtailed overseas travel could keep more discretionary spending within the country.

This early momentum is already visible in sales at select luxury retailers. Italian bespoke shoe company Santoni's India partner Luxerati Retail Pvt. Ltd's co-founder Sanjay Kataria t...