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Posted on Nov 20, 10:07AM | IBNS
Watchmaker Titan Industries Ltd. Monday launched its 18th exclusive store in Kolkata at City Center, Salt Lake, taking the number of exclusive stores in India to 340 and 57 in the East.
Managing Director of Titan Industries Ltd., Bhaskar Bhat said, "We have designed this store, keeping in mind our emphasis on showcasing our products and collections in the most vibrant manner and providing an enriched retail experience to our customers in Kolkata."
The store, which spreads over an area of 800 sq.ft., not only has the different brands of Titan like Titan, Xylys, Fastrack and Zoop but also offers accessories like eye-wears, bags, belts, wallets, etc.
"We had a turnover of about 2 billion US dollar or Rs.10,000 crore last year. Our watch and accessories growth have been 25pc while jewellery accounts for about 75pc of growth (27pc growth from diamond jewellery alone), with a sales income of Rs.8838.38 crore for the year 2011-12 , registering an overall growth of 35.5pc over last year," informed Bhat.