About luxury Seiko Stokes

Seiko bet on ultra - luxury watches in India and repositioning itself . Louis Vuitton accessories The Japanese watch manufacturer reduced its portfolio of low-end to focus on the ultra-luxury room. Could sell starting in the ultra-luxury watches more . Technopak said in a report : " The market structure is that of a pyramid, with the mass segment with the highest contribution , but in the coming years, the market is like an inverted pyramid segments watches luxury and prestige are faster , leading the trend in most . international markets. factors such as economic growth , rising consumption , favorable demographics , 300 million strong middle class and more than one million people are wealthy timewear promising industry in the near future. " Seiko watch line will launch in November, his legendary " Grand Seiko . The collection starts at about $ 7000 and extends to a whopping $ 100,000. , The Grand Seiko range account Patek Philippe , Breguet, Rolex , Hublot , and among its competitors . Atsushi Kaneko , President, Seiko Watch India, said that the growth rate for the ultra- luxury watches in India is very promising, although it recognizes the growth in the premium and luxury segment. The segment of the luxury watches - watches over Rs 1 lakh - is estimated at Rs 900 crore , sold 210,000 units . It is estimated to grow at a rate of 15-20 percent, according to Technopak Advisors. Louis Vuitton atheia Seiko watches Rado and Tissot compete in the premium segment ( price about Rs 20,000) and Omega and Tag Heuer in the luxury segment . However, analysts are not sure of the super - luxury category in India , China, which has dragged on luxury market ranked third in the world in other product categories lifestyle. The fall of the rupee could be another shock . "In addition, the public is now Seiko easy access to international markets, where there is a wide range of products , " says analyst Roy Abneesh Edelweiss Securities . Seiko , but plans three new shops watches in New Delhi, Mumbai and Hyderabad in December, more than five existing stores , it works since 2010 to open . " We want to present the Grand Seiko . , The elite segment we are to what we believe are catering less by external factors would disrupt the Indian economy to be affected," Kaneko said. Seiko to low-end to reduce its collection in as it used to offer watches at prices ranging from Rs 8,750 to Rs 2.3 lakh . He launched the Ananta Spring Drive , price close to Rs 4 lakh this year and wants to expand its portfolio in this area with the Grand Seiko . "The arrival of the Grand Seiko hands selected, the case is spectacular. This is our best in terms of mechanism," Kaneko said. Seiko makes a few spare watch - stainless steel, gold and platinum - in stores. Launched in 1960 , the collection has won a number of awards for Precision Mechanics 1968-2012 . "We have a number of new -generation Grand Seiko , slightly sporty. Yet the true essence of the Grand Seiko is its classic look ," says Rajesh Patel, senior director of marketing. Seiko is celebrating a century watches to do so well loved by the advent of luxury shopping centers across the country offer platforms for the most expensive Louis Vuitton cluth .