India to be among top 3 markets in Asia for Garmin in 5 years; to add 10 brand stores by 2023
Swiss smart wearable device maker Garmin on Wednesday said it expects India to be among its top three markets in Asia in the next five years, fuelled by post-Covid health activity trends in the country. Garmin, which announced the appointment of Yeshudas Pillai as the new country head for its India operations, has been witnessing double-digit growth in the country and expects the momentum to continue.
It is expanding its retail sales network with plans to add 10 more brand stores by the end of 2023. The company has only three stores in India at present.