Jewelry giant IWC has signed up for the next phase of its expansion plans and is preparing to expand into India.
The company said it will open more stores in the next few months, in India, the US, Australia, France and other markets.
It is not the first time IWC’s plans have been met with resistance in India.
In November, the company had to fight with the Supreme Court, arguing that its expansion in the country violated the country’s consumer rights.
The court said it was concerned with IWC “not being able to provide the necessary infrastructure for its operations” in the state of Madhya Pradesh.
The company’s expansion plans are expected to be finalized by the end of the year, and the company is likely to have around $300 million to spend by the time the expansion is complete.
The company said in January that it would invest $300m into India, including $200m in the first three months of this year alone.