The Hindu, India’s on-line version of their National newspaper, announced this week, that Raymond Weil will be making efforts to strengthen its brand name in the country. Raymond Weil was a trailblazer in the Indian market 30 years ago. They were among the first Swiss luxury watch manufacturers to tap into the Indian market, and are planning to broaden that presence in the near future. With India’s fast growing economy, this focus seems to be a recipe for success. In the next 5 to 10 years India will become one of the three key markets in the world, along with the United States and China. The Raymond Weil Company is scheduled to open a specialty boutique in Hyderabad and other specific cities. RW already has luxury boutiques in New Delhi and Kamal, and the new shops are well received by clients and watch enthusiasts, abroad.
Not only is the Swiss watch maker planning boutiques in India, they have set up shop there, as well. RW is opening its very own additional facility in Bangalore. The president, Olivier Berheim is quite optimistic about the company’s expansion into India. Given their previous successes…I’m inclined to side with him. Let’s face it, Raymond Weil makes a quality timepiece, and they do it affordably…the whole world should know about this treasure.
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