Hi Montino,
I would say that the trend is staring to change in India from out and out reproductions towards rebuilds and restorations to maximise the value of 'old pieces' as collectors demand the genuine article.
I would say that the knife you have bought falls into that category.
I could be wrong as I am basing my thoughts on just the pictures of course, but it looks to me to have been recently polished/etched and I would suspect that the hilt slabs are new.
However, that said it looks to have been done very well and unlike many I see, it wasn't a project that started with a very poor worn blade.
Overall a rather nice thing.
Best
Gene
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