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Luminox Advt.
Hautlence
 
WMR - November 2016

Conversation

Rikon Quartz

IN CONVERSATION WITH DEEPAK MEHTA


CHANGES IN THE INDUSTRY OVER THE YEARS…

There have been many! There is now a value-based demand. Earlier people looked at 300 Rupees range. Today it’s in thousands.

FOREIGN BRANDS

It has impacted the premium segment in a minor way, but nothing else.

WATCH AND CLOCK INDUSTRY…

The clock industry has only 5-6 major players. Maybe the industry players have not really focused on this! The world clock industry is proving employment to a lot of people.

CHALLENGES…

China-imported goods are a challenge. They are cheaper, since we have to deal with many taxes.

SMART TECHNOLOGY IN CLOCKS…

Right now, we don’t think that it will come. Not in the near future.

TECHNOLOGICAL CHANGES IN THE CLOCK INDUSTRY…

Molding has become easy and thus duplicating a particular mold is easy. Well, is this positive or negative, we need to see!

The complete interview is in Watch Market Review - November 2016 on page no. 42