Timex, the largest selling watch brand of America, is one of the big names in India also. It has 32 outlets in many cities in India including Delhi, Mumbai, Kolkata and Bangalore. Timex Watches Ltd is planning to increase the number of outlets upto 120.
The company has already acquired 22 percent of Indian watch market and will be investing about 15 crores in order to expand.
The company is planning to bring out two new brands of watches, with one women watch. It is planning to venture in the jewellary segment also.
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