Luxury watchmaker Jaipur Watch Company has expanded its retail footprint with the opening of three new stores under the Franchise-Owned, Company-Operated (FOCO) model. The stores have been launched in Mumbai, Gurgaon, and Surat.
The company plans to open eight more FOCO stores in the next six months across Hyderabad and Bengaluru and expects these stores to contribute approximately Rs 20 crore to its overall revenue by FY2026.
Talking about the expansion, Gaurav Mehta, Founder, Jaipur Watch Company said in a statement, “The FOCO model is a crucial step in creating a controlled, yet scalable retail network for Jaipur Watch Company. We’re combining our brand’s legacy with smart business infrastructure to meet rising demand in India’s evolving luxury landscape.”
“It is an opportunity for budding and established entrepreneurs to own a store at premium locations across India without getting involved in day-to-day operations,” he added.
Jaipur Watch Company claims to be India’s first bespoke watch company specialising in creating luxury timepieces that blend tradition with contemporary design. The brand’s watches are also available at multi-brand outlets in leading cities across India.