Replying to [Rizzob]:
There are many misundertandings about the whole concept of grey market.
Firstly many says getting the goods without the main authorised chanels(distributirs) thats why the good are cheap in grey market..
But without buying goods from ditributor, whole seller, from where are the goods bought then ??? Directky compnay, Not possible no reputed compnay byp its ditribution chain , may be compnay sold directly the goods without the choan only if the goods were
1. falied in inspection
2. Lower quality
Other means of getting the goods directly from company is selling of goods by employees , which are given to employees..
Also another point of goods being genuine and cheap in grey market is that many companies like say Nike has many production plants and usually the prices of many time ssame models are different in different countries, so you buy from some market like may be malaysia or china , export the conatiner into other country may be India, but a India will be having its own chain of distribution , so directly the whole matreial cannot be sold on showrooms, as then the distributor will be thinking where the material came from , like one of the fellow members recited the case of johnie walker, so comes in grey market, the material will be sold in grey market then ...From there on to customers or slowly upto showrooms...
Also as materail in this exaple was supposed to se sold in china or malaysia but was being sold in India , so there is no point of gurantee....
But mostly people refer to grey markets to those markets which are selling fake, intimate stuff.....
Thats a total different arena , How on earth can u think of rolex for usd 15 then ??