Titan Company is scouting for a technology partner for a high-tech smart watch which the company prefers to term as utility watch. The company is yet to finalize the partner and it could be a domestic or international. The watch business of Titan, which compared unfavourably with jewellery in terms of revenue a few years back, contributes 15 percent of the topline.
During the first nine months of this financial year, the income of the company was Rs 9,316.61 crore, recording a growth of 16 percent.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.