Rado CEO Foresees Irresistible Growth in India's Booming Luxury Sector

Swatch Group-owned Swiss watchmaker Rado is betting big on India's luxury market. Rado CEO Adrian Bosshard declared that India was Rado's biggest market in 2023, surpassing China due to the latter's economic downturn. Bosshard attributes the boom in the luxury market to the success of India's growing economy, ambitious and young population, and perfect climate. India already contributes double-digit sales to Rado, and the company is optimistic that double-digit growth will be sustained. The CEO emphasized the importance of India as other markets are not performing well. Rado's solid foundations in India and the country's economic boom make it a perfect market for the company's future growth in the luxury watch market.
Source: Fortune India