The luxury boom in India should bolster Swiss watchmaking
India's rapidly expanding luxury goods market could benefit Swiss watchmakers, especially now that the two countries have signed a free trade agreement, according to a Deloitte study published on Monday. The Indian luxury goods market is currently valued at $7 billion (CHF6.2 billion) and could reach "close to $30 billion by 2030", according to the auditing and consulting firm's projections, opening up prospects for "lucrative geographic expansion" for Swiss watchmakers, the study claims. News today from Switzerland... Читать дальше...