Titan Industries, a joint venture between Tata Group and Government of Tamil Nadu is planning to expand its watch case manufacturing capacity and precision equipment manufacturing capacity for aerospace components. In this regard, the company will invest Rs 180 crore and expecting the facilities to be ready in another 12-18 months. Moreover, the company has acquired the land in Coimbatore and Hosur for the proposed plants.
Meanwhile, the company is establishing a new manufacturing plant in Coimbatore, to manufacture high-end stainless steel cases with technology from Seiko Epson Corp, Japan.
Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.
Meanwhile, the company is establishing a new manufacturing plant in Coimbatore, to manufacture high-end stainless steel cases with technology from Seiko Epson Corp, Japan.
Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.
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