Numero uno slot in three years: Tag Heuer

Moet Hennessy Louis Vuitton (LVMH) Group, which owns the premium Tag Heuer watch brand, targets to double its markets share in India’s Rs 300 crore premium watch market from the current 12% within next three years. “We are the third-largest player in India’s premium watch market in terms of sales now. We have a 12% market share at present. We want to make it to 25% within the next three years and grab the number one position,” LVMH Group director Ravi Thakran said. The Indian market is growing at around 20% each year, he said.

Courtesy: EconomicTimes
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