India Luxury Market
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As the Official Watchmaker of Formula 1, Hublot was present at the inaugural 2011 Formula 1 Grand Prix Airtel taking place in New Delhi with its Formula One Gold Watch. On this occasion, famous cricket player Harbhajan Singh is seen wearing F1 King Power India limited edition watch by Hublot, especially designed in recognition of this highly anticipated event in the history of F1.
Harbhajan Singh’s watch sports the famous F1 logo and colors of the Indian flag on its dial and bracelet, the Hublot F1 King Power India features several unique aspects made from an array of high-tech materials directly inspired by Formula 1, such as a ceramic bezel with a circular-grained satin finish adorned with multiple holes inspired by a high performance brake disc, a strap made from rubber and Nomex™, a synthetic fibre developed by Dupont De Nemours and used – thanks to its very low combustibility and thermostability – to make the suits worn by F1 drivers as well as the Start, Reset and Split push buttons, the latter for the split second function and a 30-minute counter at 3 o’clock.
Shilpa is a world renowned journalist and an expert in decoding India and Asia’s luxury markets for global readers. Her original, in-depth reports and analysis are frequently featured in prestigious international titles across the UK, China, Hong Kong, Switzerland, and Oman.
India is cutting import duties on many luxury goods; cars, watches, cosmetics & wines through new trade deals with the EU, UK, UAE, Switzerland and Australia. Lower taxes will boost demand of foreign luxury goods in India, encouraging more global brands to enter and expand in the market.
At key global red carpet events, Alia Bhatt has out-ranked icons like Zendaya and Kendall Jenner, while generating multi-million dollar EMV for brands like Gucci & L’Oréal. Discover how the Indian actress strategically built her influence from a teenage movie star to an ROI magnet from south Asia.
India is significantly reducing import duties on alcoholic beverages and liquor – premium wines, whisky, beer, rum, vodka and tequila – as part of new trade deals with the UK, EU, Australia, New Zealand, Switzerland and Finland. See which major alcobev brands and spirits will benefit the most.
His watches are priced at an average $100,000 and yet attract a long waiting list of buyers. Even Chanel has acquired a stake in his company. He has won every major watch industry award in the world. Meet Maximilian Büsser, the Swiss-Indian watchmaker and founder of the unconventional watch brand MB&F
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