import duty on watches

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. Jaipur Watch Company, the…