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Luxury Watch Market Booming In India This Festive Season

Luxury Watch Market Booming In India This Festive Season

Luxury watches have been witnessing a big boom in India... With the festive season in full swing, Indians are not holding back from spending on these luxury watches... is this the birth of a bigger watch community in India. The Rich Indians are on a spending spree. They are spending on sprawling residences, lavish holidays, Jewellery, watches, Fine Dining, and much more. Euromonitor International estimates the luxury goods market is to bounce back from around Rs 46,000 crore in 2022 to over Rs 50,000 crore by 2024. The luxury goods market includes personal luxury, fine wines and spirits, luxury cars, and experiential luxury. Here is a report-