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Titan Company enters into Joint Venture agreement with Montblanc Services B.V

26 Feb 2014 Evaluate

Titan Company has entered into a Joint Venture (JV) agreement on February 26, 2014 with Montblanc Services B.V, Netherlands for establishing operations in India for carrying on single brand retail trade.

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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