#WION Top Watch Brand Expands Local Presence In India: Luxury Market On Steady Increase | WION Business


Top Watch Brand Expands Local Presence In India: Luxury Market On Steady Increase | WION Business
With India’s Free Trade Agreement with the European Free Trade Association (EFTA) coming into effect on October 1, luxury Swiss watchmakers like Breitling are set for a major business shift. Breitling CEO Georges Kern says the pact will cut import duties over seven years, freeing up margins to invest in advertising, retail expansion, and brand presence.
Despite a slight global dip in exports, Swiss watch shipments to India jumped over 28%, highlighting India’s booming luxury market. Here’s how the FTA could reshape the economics of Swiss luxury watches and why India is now one of Breitling’s fastest-growing markets.

#india #luxury #watch #wion

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