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Thursday, 24th June 2004 (5488 views)

Integrated watch and jewellery maker, Titan Industries, has forecast that its sales turnover for 2004 will increase by 19 per cent.<BR/><BR/>The company claims the growth would be created through its jewellery business and the setting up of a watch-manufacturing unit in Himachal Pradesh, according to Business Standard.<BR/><BR/>During 2003-04 the firm assigned R14 crore in investment, including R3.5 crore for the creation of a Greenfield project.<BR/><BR/>Results for the company saw Titan's watch sales increase by 18 per cent.<BR/><BR/>The company sells products under two brands Titan and Sonata and is so successful as each caters for both sectors of the market - upper and lower.<BR/><BR/>Titan has manufacturing units in Hosur (Karnataka), Ooty (Tamil Nadu) and Dehradun (Uttaranchal).<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2893852"/>

 

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