Titan to expand Titan Eye Plus network

Also plans to set up second lens manufacturing unit

The Titan Company is planning to set up a spectacle lens manufacturing facility in the northern or eastern part of the country in the next financial year. In addition, senior officials highlighted that they plan to expand the retail network of Titan Eye Plus by setting up more than 50 stores in the next fiscal and they would largely be on a franchise basis.

S Ravi Kant, CEO of eyewear business at Titan, said, “The new factory will be strategically located and make logistics management easier as we open new showrooms.”

Kant also highlighted that the company will also open more than 50 Titan Eye Plus stores, majority of them in the franchise format, in 2014-15.