As of 2026-08-09, a buyer in India sees 3 IWC Pilot references with verified sourcing medians from HK$75.4K (389402) to HK$90.3K (388106) across the world's markets — the thin local float is disclosed below where it exists. Import duty and taxes are separate arithmetic.
| Reference | Configuration | India ask | Best sourcing median | Listings |
|---|---|---|---|---|
| 389402 | 41mm · Ceramic · Brown | — | HK$75.4K | 28 |
| 389105 | 44mm · Ceramic · White, Black | — | HK$76.6K | 51 |
| 388106 | 41mm · Ceramic · Black | — | HK$90.3K | 18 |
India is a demand market: supply floats thin here by structure, so an Indian ask, where one exists at all, is shown at its real evidence level rather than blended into a median it could not support. The sourcing column is the lowest verified median for each reference across the world’s markets — where CALIBRÉ actually sources. What a watch finally costs in India adds duty and import taxes on top: the landed-cost calculator does that arithmetic (India’s stack, including the Swiss-origin phase-down), and the methodology page states how every figure is produced. No like-for-like saving is claimed between columns — tax treatment differs per market and this page says so plainly, dated 2026-08-09.