According to recent reports, the Japanese brand
Seiko Watches is to increase its stake in the Indian watch market in the coming months.
The company plans to open to exclusive boutiques in Delhi and Mumbai next year and through these outlets will launch the Ananta range in India next year.
Seiko’s plan is to open a further 8 stores in cities like Chennai, Bangalore, Kolkata and Hyderabad. Although, exactly where the new stores will be has not been confirmed.
The company which made the transition to a premium watch retailer from a mass market outfit about 7 years ago now retails watches through authorised online retailers and through many multi brand stores in India. But the acquasition of these new retails outfits represents a significant increase in Seiko's profile in India.