New Delhi: In tune with its plan to take the total number of exclusive outlets to 300, Tata Group company ‘Titan Industries´ will open 50 more exclusive stores for its popular watch brand by the end of current fiscal.
“Titan at present has 250 exclusive outlets in the country and by the end of current fiscal, we will be adding another 50 stores to take the total number to 300,” Titan Industries Global Marketing Head Suprana Mitra told reporters here.
Speaking about the company’s expansion plans, she said all these exclusive stores would be of 1,000 square feet or more and would opt for franchise mode for these stores.
The company has also charted out store expansion programmes for its jewellery, watches and eyewear divisions in India, besides planning to enter the US market with ‘Tanishq´ brand of jewellery by next month.
It currently has presence in about 30 countries across the world.
Titan Industries Ltd is a joint venture between Tata Group and Tamil Nadu state Industrial Development Corporation.