Atlantic Watches to Double India Stores Amid Soaring Demand for Mid-Priced Luxury Watches
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CNBC TV1805-02-2026, 21:45

Atlantic Watches to Double India Stores Amid Soaring Demand for Mid-Priced Luxury Watches

  • Swiss watch brand Atlantic Watches plans to nearly double its retail footprint in India to 40 points of sale by FY26, up from the current 20.
  • India is a key focus market for Atlantic Watches, with significant expansion planned across major cities like Delhi, Mumbai, Bengaluru, Pune, and Ahmedabad.
  • The expansion is driven by India's rising disposable incomes and growing appetite for premium yet accessible luxury products, making it increasingly important for the Swiss watch industry.
  • While the India–EFTA free trade agreement offers phased import duty reductions, immediate pricing benefits are limited due to the strong Swiss franc.
  • Atlantic Watches is studying local consumer preferences and may develop India-specific designs, offering a diverse portfolio of 250 SKUs in the mid-price segment.

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