'India to be 3rd biggest global mkt in 3yrs'

"We are looking for growth by increasing sales in our existing exclusive franchisee outlets, shop-in-shops and multi-brand outlets. Rado intends to be the biggest brand in the premium watch segment in India, where last years we were among the top two," Rado Vice President for Sales Peter Kaiser said.     

He said India is currently its eighth biggest global market and expects the country to occupy the third slot in next three years.     

Kaiser said exclusive Rado brand stores would be almost doubled to 15 from the current eight, besides launching 6-10 new models by end of current fiscal to meet the target.     

Among the new cities to be covered by exclusive outlets are Ahmedabad, Chandigarh and Bangalore.     

"We are also launching three more shop-in-shops, up from the existing five, to cover new Tier II cities like Jalandhar and Ludhiana," he added.