The Fortune India
Business

Union Budget 2022 Expectations: Increase the import duty on watches to promote local manufacturing

Union Budget 2022 Expectations: Increase the import duty on watches to promote local manufacturing

Mr Gaurav Mehta, Founder, Jaipur Watch Company, shares his thoughts. 

We want to make India a watch design and manufacturing hub. To achieve this goal, we would want the government to provide financial and policy incentives. One of the things that the government can do is increase the import duty on watches to promote local manufacturing. India already has a strong watch making base and in the recent years we have also made a mark in the luxury and bespoke watch segment. With government support we can surely turn India into one of the world’s top watch making countries.

Union Budget 2022 Expectations: Increase the import duty on watches to promote local manufacturing
Jump Hour Watch

Jaipur Watch Company, the ‘Made in India’ brand, is steeped in the age-old craftsmanship traditions of Jaipur and its history of regal lifestyle even as it leverages the technology evolution that is changing the business of watchmaking, through its workshop and factory in Bengaluru. The brand, which began by using pre-British era coins, has now scaled up to introduce several unique design ideas and works with well-established craftsmanship techniques like guilloche, besides painstakingly crafting a range of gold bespoke watches. The watch brand creates unique, classic watches that resonate with Indians because of the stories of culture and traditions, history and spirituality told through the dial.

For more details, visit: https://jaipur.watch/

Related posts

Curious About Social Media Algorithm Learn And Upgrade Your Social Media Game

The Fortune India

A renowned and trusted face of real estate, Sachin Arora has scaled up his new venture, Moneytree Realty

The Fortune India

Residential Comfort Meets Hotel Convenience At Marriott Executive Apartments Navi Mumbai

The Fortune India

Culture Circle: Now India’s #1 Hype and Luxury App for sneakers, apparel and more

The Fortune India

Skalabel: Kolkata’s Growing Force in Outsourcing for Foreign Content Creators

The Fortune India

Regulated Real Estate & Infrastructure Exchange a FinTech GIFT from India to the World

The Fortune India

Leave a Comment