Titan: Demand for luxury watches to rise in India

First published: 03-02-2010

While high-end watches have mixed fortunes over here in the UK, it seems that the Indian market predicts nothing but growth similar to that found in Europe following the millennium, according to a new report from the nation.

The Business Standard spoke to a range of commentators and sellers, trying to address the massive boom in the trade that has seen high-end luxury watch brands growing by 20 to 22 per cent, while less expensive options have registered seven to eight per cent growth.

Chief executive officer of Titan Harish Bhat said that it has been targeting more stylish, rich customers in the area, adding: "In future, if the trend continues, which is very likely, we will introduce many innovative and stylish brands to meet consumers' demand."

G S Kannan, managing director of the Timex Group, added: "Call it an impact of a growing economy - India's luxury watch demand today is much higher than that of the global level."

Titan recently announced the creation of the Experience Zone, which aims to demonstrate five facets of the company's watch trade: immersion; reflection; engagement; conversation; and delivery.


Related articles

Ultimate Festival Guide

Posted: 08-07-2019

Festival season is here and so is the Watch Shop guide to boho chic and on trend choices from our expert buyers.

Summer Style Edit: Watch Trends for 2019

Posted: 20-06-2019

Inspired by summer and top watch trends, we've compiled a list of favourite watches for summer 2019 to complete your holiday outfit.

Father's Day Ultimate Gift Guide

Posted: 29-05-2019

Watch Shop has curated the ultimate selection of Father’s Day gifts. Treat your Dad to a timeless watch on 16th June.

How to choose the right fitness watch for you

Posted: 01-05-2019

How to choose the right fitness watch for you. Honest reviews and insights from the UK’s no.1 online watch retailer, Watch Shop.