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

Business
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CNBC TV18•05-02-2026, 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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