For Leica Camera, the partnered outlet in New Delhi and planned stores in Mumbai and Bengaluru will work as ‘destination centres’ and not just a point of sales. New Delhi: Leica Camera AG, the legendary high-end camera manufacturer, has opened its first store in India on Thursday. “About 80% of components used in manufacturing an analogue Leica camera are manufactured by Leica. In India, Leica will first bring its iconic S, SL, Q, M, V-Lux and D-Lux series. The growth of smartphones in recent years has sharply eaten into the compact or point-and-shoot camera market in India and globally.

Source: Mint November 23, 2017 15:33 UTC