Luxury watch boom: Indian market likely to grow 11–12% annually; rising HNIs drive demand
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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. What's Your Reaction?
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