Titan Industries plans to increase the retail presence

Titan Industries plans to increase the retail presence of its watches and jewellery divisions, over the next year, reports suggest.

The company intends to broaden the portfolio of its youth centric Fastrack brand of watches to also include accessories and increase the number of Fastrack stores by double, reports say. It is also looking at increasing the number of its high-end Helios watch stores from the current 2-3 outlets to 25 outlets across India by the end of this fiscal. It will add around 40-50 flagship World of Titan watch stores, to the current base of over 300 stores.

Its portfolio of jewellery brands include Tanishq and Goldplus. It intends to open around 30-40 Tanishq stores. Also, it will add another 10-15 GoldPlus stores, reports say. Goldplus is a jewellery chain focused on the smaller towns.