Luxury Watches

Titan expects sharp rise in Swiss watch sales in India post EU trade pact

Leading watch maker Titan Company expects sales of luxury Swiss watches to rise sharply in India following the recent India-EU Free Trade Agreement, which has further lowered import duties on such products, said a top company official. The Tata group firm, which operates Helios and Helios Luxe formats, said Swiss brands will become more competitive in the domestic market as they pass on duty benefits to consumers. Its Swiss segment has been growing substantially and is in talks with more brands for its chain of Helios and Helios Luxe, Titan Watches Chief Sales & Marketing Officer Rahul Shukla told PTI. "Swiss watches will play a larger role, and the premium segment will drive the next phase of growth," he said. Duties on Swiss watches have already come down from about 22 per cent to 15 per cent under the India-EFTA FTA, which came into force on October 1, 2025. Switzerland is part of the four-nation European bloc EFTA. The India-EU FTA is expected to further reduce duties. "This .

Second-hand watch prices rebound as luxury timepiece market in upswing

The rollercoaster in secondary-market watch prices started during the pandemic, when consumers flush with crypto gains and stimulus payments started snapping up pre-loved models online

Jacob & Co's Rs 13.7 crore Vantara watch: Why luxury watches cost so much

Jacob & Co's $1.5 million Vantara watch for Anant Ambani features a miniature figure on the dial. Here's a peek into how luxury watches are made, priced and sold

Titan expects watch biz to cross billion-dollar sales mark in next 2 yrs

Leading watch and jewellery maker Titan is "very bullish" for its watch business, which is expected to touch the USD 1 billion sales mark in the next two years, led by factors such as premiumisation, retail footprint expansion and growth of the international business division, a top company official said. Titan recorded a compounded annual growth rate (CAGR) of about 16 per cent in the last four to five years, and it is focusing on the mid-premium analogue segment (Rs 10,000 to Rs 25,000), and the premium segment (Rs 25,000 to Rs 1 lakh) to drive growth, Titan Watch Division CEO Kuruvilla Markose told PTI. Riding on the premiumisation wave, trend of revival of analogue watches, Titan is expanding the network of its Helios and the new Helios Luxe format as the appetite for luxury watches in India is on the rise, he said, adding, "Premium and luxury segments will grow faster, potentially upwards of 30 per cent." With tailwinds such as a growing economy, rising personal income, and a .

Time meets torque: When the worlds of watches and motoring converge

From hand-assembled engines to meticulously crafted movements, the worlds of motoring and horology merge through collaborations that celebrate precision, heritage and mechanical artistry

M3M to invest ₹2,100 cr in Jacob & Co's branded housing debut in India

M3M Group partners with luxury watchmaker Jacob & Co to build India's first branded residences in Noida, with an investment of Rs 2,100 crore and prices up to Rs 25 crore

Giorgio Armani's Will directs heirs to sell majority stake, consider IPO

The late designer's will calls for an initial 15 per cent sale within 18 months, followed by up to 54.9 per cent more in 3-5 years

Casio India eyes mid double-digit growth, expands local manufacturing

Casio India expects mid double-digit growth and stronger festive demand, while doubling local manufacturing and launching its first automatic watch under the Edifice label

Timex Group plans to double down on India, raise market share: Executives

With double-digit growth, new launches, and deeper India focus, Timex aims to be the second-largest international watch brand in the country

Timeless Temptations: What makes luxury watches tick in 2025

In an age when our smartphones have the time all the time, luxury watches offer something a phone never can - a glimpse into your personality and character

LVMH appoints Bulgari CEO Jean-Christophe Babin to lead watches business

The watches division, meanwhile, has been hit with slowing demand as inflation-strapped shoppers curtail high-end purchases, with the watches and jewellery division's sales down 2% last year

BS Manthan: Can India create an LVMH? Julien Tornare says innovation is key

He said that like Swiss watches, known for their craftsmanship, India has a rich tradition of exquisite craftsmanship, whether in textiles or jewellery

Is India next luxury superpower? Hublot CEO bets on strategy, innovation

At BS Manthan, Hublot CEO Julien Tornare delved into what it takes to build a global luxury powerhouse, why authenticity and innovation matter, and whether India can create its own LVMH

Swiss luxury watchmaker Rado eyes double-digit growth in India this year

India became the brand's largest market in 2023 as exports to China declined due to the slowdown

Titan net profit largely flat in Q3 FY25 due to cut in customs duty

Sequentially, its net profit rose by 48.7 per cent, while its revenue was up 22.1 per cent

For luxury watch companies, it is time to foray into Indian markets

Country emerging as a lucrative market for premium timepieces, a trend led by the young generation

Helios partners with U-Boat, aims for 45% growth in India's watch market

Company will introduce 41 styles and eyes 45 per cent growth during festive season

Watches are not investments, comparing to stocks risky, says Rolex CEO

Rolex is the biggest Swiss watch brand and dominates the industry with an estimated 30% market share. Known for its Datejust, Daytona and Submariner models

Retail sector set for 10-13% growth in 2024 on luxury, value purchases

Set to enter a "transformative era", the country's retail sector is expected to clock 10-13 per cent growth in the new year with players adopting technological advances to cater to luxury as well as value customers while inflation shadows continue to lurk in the background. Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a tale of rural and urban markets. Besides, the continuing e-commerce growth with a surge in quick commerce, hyperlocal delivery services and impulse purchases will provide additional tailwinds. "The Indian retail industry's growth prospects for 2024 present a mixed picture with several factors influencing the landscape," Deloitte India Consulting Partner Rajat Wahi told PTI. The space has bright spots such as robust GDP growth, tech-driven transformation, continued festive season ...

DS Group considering investment of Rs 200 cr to expand luxury portfolio

The DS group also has brands like Swiss luxury chocolate Laderach, childrenswear store Les Petis, and premium grocery and retail store Le Marche