Titan commissions new plant in Tamil Nadu for its watch division.

Tata group firm Titan Company said it has commissioned a new manufacturing plant in Tamil Nadu for its watch division with an investment of over Rs. 75 crore.

In a BSE filing, the company said: 'The company's watch business has over the years excelled at product development as well as manufacturing achieving global standards.

'We are pleased to inform you that a brand new stainless steel case manufacturing facility has been commissioned at Kallapalayam, Palladam - Cochin Frontier Road, Coimbatore, Tamilnadu.'

The new plant has been set up with technical assistance from SEIKO EPSON, Japan to manufacture high-end stainless steel cases meeting global standards of quality with an investment in excess of Rs. 75 crore, Titan added.

The initial capacity of the facility is 1 million cases per annum and it scalable to 2 million per annum and an employment potential of 250 people.

ET