Luxury watch boom: Indian market likely to grow 11–12% annually; rising HNIs drive demand

India's luxury watch market is poised for significant growth, with an estimated 11-12% annual expansion. This surge is fueled by a growing affluent population and high-net-worth individuals, alongside increasing aspirations and urbanisation. Consumers are increasingly opting for premium and ultra-luxury brands, driving up average selling prices substantially over the past five years.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1XH7VKr