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Titan claims 70% market share

Titan claimed that its watch division has notched a domestic market share of over 70% in the organised market.

Written by Charanjit Ahuja | Chandigarh | Published: July 3, 2012 4:58:45 pm

Titan,country’s leading watch brand from the Titan Industries Limited,a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO) today claimed that its watch division has notched a domestic market share of over 70 per cent in the organized market.

Ajoy Chawla,Vice President,Titan Watches told here today that Titan Industries reported a turnover of Rs. 6520.89 crores for the year 2010 -11. He said that as a full range producer-marketer,Titan Industries offers the Indian and International customer a very large range of products to suit various consumer preferences. Its products are recognized for innovation in design,quality and reliability.

Chawla announced a special flat 20 per cent discount on all watches at the World of Titan,Titan flagship stores that would be valid from July 5 to August 5. The offer would be valid on the entire range of Titan watches and gives the consumer a chance to choose from a wide assortment of stylish and trendy watches.

Some of the unique collections of Titan that are on offer are Edge,Purple,Tycoon,Raga and Automatics,allowing the customer to choose from a wide offering,a watch which suits his or her personality. Zoop,the kids offering from Titan,announced a pair of Zoop Sunglasses absolutely free on the purchase of any Zoop watch worth Rs 395 or above. The Flat 20% offer,however, is not valid on Zoop watches.

At the premium end,Nebula,the solid gold watch brand from Titan is offering a Gold and Diamond Tanishq pendant free on the purchase of watches priced below Rs. 60,000 and a HCL Me Tablet computer on the purchase of watches priced above Rs. 60,000. Xylys,the Swiss watch brand from Titan is offering up to 30% off on all its watches.

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