Titan Industries Ltd, a leading watch maker and retailer, is all set to open 20 ‘Titan One’ stores by the end of this fiscal year. The expansion will be a mix of both company owned and franchised outlets, confirms Govindraj, Vice President - Integrated Retail Services, Titan Industries Ltd.
The company is planning to make its footprints strong in tier III cites through this novel retail format. As per Govindraj, “We have announced this expansion plan of ours early this year and by now we have already opened six outlets in the tier III cities. The majority of the outlets would be franchised.”
The stores will carry three key watch brands of Titan; Titan, Sonata, and Fastrack, along with other display collections like Titan Tycoon, Raga Flora, Titan Octane, Sonata Superfibre and Fastrack.