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Love for luxury turns India into Rado's biggest market
Hindustan Times Pune
|February 08, 2025
Swiss luxury watchmaker Rado is targeting double-digit growth in India with the country emerging as its No. 1 market by value, as well-heeled consumers in a nation reputed for its thrift no longer shy away from indulging themselves.
NEW DELHI:
India's overall consumption growth has slowed due to stubborn inflation, prompting the government to put more money in the hands of common citizens by easing taxes. But affluent Indians have been splurging on high-end luxury, including on fashion, cars and real estate.
For Rado, owned by The Swatch Group, India's rise as a priority market also coincides with the slowdown in China's luxury market.
Dit verhaal komt uit de February 08, 2025-editie van Hindustan Times Pune.
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