Domestic players such as Tata Motors and Mahindra & Mahindra opposed any move to reduce duties on fully-built cars
In a Q&A, the CEO of Titan's Watches and Wearables Division says the firm is betting big on smartwatches, eyeing 10-15% revenue from the segment the next few years
The credit for Titan's success goes to former managing director Bhaskar Bhat, who has won the Business Standard CEO of the Year award for the second time in seven years
The 23-member team of HUG Innovations including its founder Raj Neravati will be part of Titan's Hyderabad development centre
Keeping with time, the Tata Group company had piloted this strategy at five of its flagship Bengaluru stores for three months
The Bengaluru-headquartered company has now created a separate vertical to up its game in the smart watches category
The Bengaluru-headquartered company had earlier informed the stock exchanges its jewellery business grew 7 per cent in the second quarter of FY20, lower than the expected 12-13 per cent
The wristwatch market in India has grown from Rs 34 billion in FY' 2008 to Rs 65 billion in FY 2013