India, 'Titan Industries' Plans to Enter into Sunglasse Segments

Titan Industries Ltd said its jewellery business has been buoyant and it now plans to enter leather accessories and sunglasses segments. 'We are exploring areas of leather accessories and sunglasses. The market survey in this regard has been positive,' Titan Industries managing director Bhaskar Bhat said.

The company has in mind Mumbai and Bangalore for starting its leather accessories and sunglasses business. 'We will fan out to other cities on the basis of performance in Mumbai and Bangalore.'

Titan Industries registered a rise in its exports to 32 countries in West Asia, Far East and some European countries. 'We are looking forward to expand our market in the African nations,' Bhat said. The company's exports, accounting for 8 per cent of the turnover, mainly jewelleries, had found buyers primarily in Dubai, Bahrain, Saudi Arabia, Qatar and Oman, in particular.