Published On:June 5 2014
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Titan will invest Rs. 250 cr in expanding manufacturing, retail capacities.
Titan, the fifth largest watch maker in the world, sensing a huge growth potential in the market, plans to expand its manufacturing capacity and retail footprint across the country for its entire range of products, including watches, jewellery and prescription eyewear.
At the launch of a revamped World of Titan showroom recently, Bhaskar Bhat, Managing Director of Titan Co, said the company plans to invest over Rs. 250 crore this year in these projects. Of this, Rs. 150 crore will go for capacity expansion and the remaining will be spent on retail expansion.
HBL