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    Titan to retail in Pakistan

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    , the Rs 3,000 crore watches and jewellery firm of the , has entered Pakistan by opening an outlet each in Karachi and Lahore.

    Demonetization: Titan experiences 5-6 per cent drop in sales
    In Titan's retail stores, sales by credit card were about 50-52 per cent before the November 8 decision but this figure has now crossed 70 per cent mark

    Manoj Chakravarthi, group advisor, Titan Industries, said, “We want to increase our presence in Pakistan within the next six months by establishing a presence in Islamabad and Rawalpindi. We also plan to extend our stocks to at least 50 dealers in Pakistan.”

    Titan Industries has entered into a distributor agreement with Clover Pakistan Ltd, which has various agreements with Colgate-Palmolive and McDonald’s.