Titan launches `Titan Heritage Collection`
Titan launches `Titan Heritage Collection` >Titan Industries launched its new range of products titled `Titan Heritage Collection`, reports Business Line. The watches are priced between Rs. 3,750 and Rs. 8,000. Titan Industries (Q, N,C,F)* Managing Director Bhaskar Bhat said that these watches will be available at exclusive `World of Titan` stores.Titan plans to expand its retail network by adding at least 60 new stores in the current financial year, thereby taking the total number of outlets to 285. The company is expecting to see its turnover growing by over 50% during the current fiscal to reach Rs. 32 billion. It reported a turnover of Rs.21.36 billion last fiscal. Titan sells watches under the premium Titan brand and the economy Sonata brand, and jewellery under the Tanishq brand. It also sells prescription eyewear and markets Hugo Boss watches in India. Shares of the company closed down Rs 1.5, or 0.1%, at Rs 1,454.2. The total volume of shares traded at the BSE was 54,485.( Thursday ).
Further, the company plans to enter the Pakistani and Indonesian markets.
