Hong Kong-based Tiitan Holdings is planning to launch its 50 branded outlets in India by March 2020 with an investment of $5 million.
The digital accessories firm ventured into India in collaboration with distribution firm Mak Mobility.
The company said in a statement, “Tiitan Holdings to invest USD 5 million approximately in the retail expansion for first 50 brand outlets.”
The company is looking at making its smart accessories, including Bluetooth speaker, headphones, intelligent charger, wireless power bank, etc, at manufacturing facilities of Mak Mobility Pvt Ltd.
Piyush Sharma, Co-Founder of Tiitan Holdings, said, “This alliance will help us in reaching the customers in India and boost our strategy of increasing our pan-India presence and thereby reaching to customers. Also, this collaboration will help both the companies to further leverage its innovative product range to customers across India.”
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