In the last eight months, the import value of Swiss watches is being increased by 34%. The data was released by the Federation of Swiss Watches Industry.
In the first eight months of 2022, the export value increased by 144.5% in comparison to the equivalent time in 2020.
The federation of the swiss watches industry (FH) stated the statement that India is the most popular & growing market for luxury watches throughout the world.
Based on the latest data from the Federation of the swiss watches industry (FH), the growth of swiss watches is accelerated by 11.7% throughout the world.
In terms of India, the estimated value of luxury watches is around 13,500 crore.
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