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Founded in the town of Florence, Italy, Panerai is a brand that specializes in the manufacture and sale of luxury wrist watches. Founded by Giovanni Panerai in the 1860s, Panerai is a wholly-owned subsidiary of Compagnie Financiere Richemont S.A. Panerai was one of the first makers of the luminescent dialed compasses and depth gauges for the navy. Built with a sense of fine craftsmanship and design, Panerai watches are historically famous for their robust mix of unique casings and sturdy third-party movements. The Panerai watches that were manufactured by Rolex SA, had a part to play in assisting the Frogmen of the Decima Flottiglia MAS in their work during World War 2. Available in a variety of casings and fabric variations, Panerai’s watches are built to last, while combining the finest skills in the field of horology to produce a fine timepiece. Panerai offers its line of watches under 4 marketing lines: Historic, Cotemporary, Manifattura, and Special Editions. For the admirers of the brand who deserve exclusive benefits and perks, Panerai issues a number on the back of the casing which is unique to each watch for its authentic identification and representation. The Panerai watch prices in India are set to competitively match the cost of producing these watches. Some of the Panerai watches available in India for purchase are the Panerai Luminor, the Panerai Luminor Marina, the Panerai Luminor 1950, the Panerai Luminor Due and the Panerai Luminor Marina 1950. Starting 2005, Panerai joined hands with Ferrari to design, manufacture, and distribute the Panerai watches that carried the Ferrari trademark. All Panerai watches made in collaboration with Ferrari were branded as ‘Ferrari engineered by Panerai’ which comprised two product lines, namely “Granturismo” and “Scuderia”. With its headquarters in Milan, Italy, Panerai provides its products and services worldwide.