Titan to invest Rs 250-mn in eyewear retail

New Delhi: Watch and jewellery retailer Titan Industries will invest 250 million rupees in its eyewear retail business.

The company launched its eyewear brand, Titan Eye+, and plans to set up 80 stores in 40 towns across India by March 2009, Managing Director Bhaskar Bhat said.

Most of the stores will be set up on a franchise basis, Bhat added.