![\"Titan\"](\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2016\/02\/Titan.gif\")
<\/a>Titan<\/p><\/div>Franchise in India<\/a><\/strong>,Franchise News India<\/a><\/strong>,Franchise In KOLKATA<\/a><\/strong>: Titan Eyeplus, an eyewear retail<\/a><\/strong> chain, is planning overseas foray, initially to Sri Lanka and Bangladesh, besides exploring to tap the digital platform to expand its footprint.<\/p>\n “We are thinking of expanding overseas. Initially, in the neighbouring countries like Bangladesh and Sri Lanka which are somewhat similar to Indian market,” Titan<\/a><\/strong> Company Eyewear division CEO Ronnie Talati said here today.<\/p>\n He, however, did not specify by when the eyewear company will foray in these markets.<\/p>\n Talati was in the city to launch the 100th eyeplus store in eastern India<\/a><\/strong> at Dum Dum in the city.<\/p>\n Part of Titan Company, Titan Eyeplus manages 400 retail stores across the country and along with expanding more physical stores it hopes to introduce digital platform channel.<\/p>\n Talati said online is being planned and a detailed digital strategy will be unveiled in the near future.<\/p>\n “We are now focussing on moving in to tier II, III and smaller cities and towns in terms of expanding physical stores in the north east, Jharkhand, Odhisa and Bihar<\/a><\/strong>,” Titan<\/a><\/strong> regional head Rajeswari Srinivasan said.<\/p>\n Talati said brick and mortar will continue to be the most import channel for the company.<\/p>\n Meanwhile, Titan has set up a satellite lens processing unit at Madhyamgram in West Bengal’s North 24 Parganas district at a cost of Rs 5 crore and is planning to set up two in North and West region to shorten logistics time to deliver lens.<\/p>\n The main lens manufacturing plant is at Bengaluru<\/a><\/strong>.<\/p>\n About financials, Talati said Q3 was bad but the market seems to have improved in January and is expected to do well. 1. Lenskart plans to expand operations through franchise<\/a><\/p>\n 2. Tommy Hilfiger retail store opened at Hyderabad airport<\/a><\/p>\n 3. Google plans to invest more in India<\/a><\/p>\n 4. Apollo Diagnostics planning for PAN India<\/a><\/p>\n 5. Marriott launches 1st non-franchise hotel in India<\/a>
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