I have the exact same one. It's fine.
That said the problem with some of the more established Indian leather companies is inconsistent quality. You can get one that's great or you can get one that dries out and cracks in a year or two even taking care of it.
I haven't used it yet. I bought it, put it in my bottom desk drawer and kind of forgot about it. Oiled it yesterday and the leather is still soft. One of the chicago screws wants to cross thread each time but that isn't a problem because I intend to switch it to ties when I can find some. The reins could be a little longer but my horse is built long and tall.
My only real complaint was when I was buying it I asked the seller if it was painted that color or if that was the natural leather color and I was told it was natural. It's painted. Not a big deal because I just trail ride but eventually the paint starts to wear and you start seeing the now oil darkened leather through the cracked paint. That said I do have some very similar royal king bridles that are 15+ yrs old and still sound and serviceable. (I am however a leather oiling fool. ) I do remember having just a couple others that were toast after a couple years use.
For the cost I'm absolutely fine with them.