Rado, the Swiss luxury watchmaker, is experiencing unprecedented growth in India, with the country overtaking China as its largest market. CEO Adrian Bosshard reports double-digit growth in 2024, attributing success to India's robust economy and expanding middle class. The brand is capitalizing on the rising demand for luxury timepieces in Tier-II and Tier-III cities, as well as travel retail opportunities. With India's luxury market projected to reach $14 billion by 2032, Rado is strategically positioning itself for long-term success in this burgeoning market.
Source: Business Standard