Home Retail Titan to open 300 Titan Eye+ stores in 3 years

    Titan to open 300 Titan Eye+ stores in 3 years


    , a joint venture between and (TIDCO), plans to set up 300 retail stores for its eyewear brand, Titan Eye+ in the coming three years, said a senior company official.

    Titan Company's income drops by 5.2 pc in 2015-16
    Titan Company Ltd, the watch and jewellery major, has reported a Rs 706 crore net profit (standalone) for 2015-16, registering 14.2 percent decline from Rs 823 crore in 2014-15 due to weak market conditions

    Inaugurating a ‘Titan Eye+’ store in Tamil Nadu, , vice president, integrated retail services, Titan Industries, said, “The company would add another 20 exclusive optical showrooms in the current fiscal.”

    Titan Eye+ has recently entered into a technical pact with Sankara Nethralaya for training of retail and clinic staff. “With a market size of Rs 15 billion to Rs 20 billion, Titan Eye+ is expected to capture a substantial eyewear market share in the near future,” added Govindaraj. Titan Industry also runs Titan Watches and jewellery.

    —IndiaRetailing Bureau