Companies

Titan targets tech-savvy men with light-powered range

Our Bureau Mumbai | Updated on March 10, 2018 Published on July 06, 2011

Ms Saina Nehwal, along with Mr Ajoy Chawla, Vice-President, Titan, during the unveiling of the HTSE brand in Mumbai on Wednesday. — Photo: Shashi Ashiwal   -  Business Line

These watches charge themselves through any light source

Titan Industries unveiled a range of light-powered watches targeted at tech-savvy urban males on Wednesday. Watches under the HTSE brand (High Tech Self Energised) charge themselves through any light source over 200 lux.



The range comprising 10 models will be priced between Rs 6,500 and Rs 11,000.



To start with, they will be available in 12 Indian cities, through World of Titan and multibrand outlets besides departmental stores retailing Titan.



They will also be sold in some of Titan's top export markets including Singapore, Dubai, Riyadh, Jeddah, Cape Town, Johannesburg, Kuala Lumpur, Bangkok and Vietnam.



The intent is to take HTSE national by March 2012, said Mr Ajoy Chawla, Vice-President, Titan Watches, in conversation with Business Line. The Titan brand of watches is available from Rs 1,000 to Rs 18,000 (the Automatic range), while the gold watches under the Titan Nebula label cost up to Rs 1.70 lakh. Other brands from Titan such as Sonata and Zoop (for kids) retail upwards of Rs 295.



Hitting the sweet spot



Mr Chawla added, “Across the categories we are present in, we find that the Rs 5,000-Rs 10,000 price band is fast becoming a sweet spot. There are upwards of 40 brands available in the Indian market in this segment, and HTSE has been specifically designed to appeal to 20 to 30-year-old urban global Indians who want the best of technology and style.”



He noted that though the segment (Rs 5,000 to Rs 10,000) represented a ‘smaller base,' it was growing rapidly at 30 to 40 per cent.



“Young Indians are investing heavily in technology today. Rs 6,500 is hardly anything if you compare it with the cost of smart phones used by this segment. And technology has become the currency of style. We expect this mid-premium offering to appeal to a large segment of Indians,” explained Mr Chawla, without divulging the targeted sales number for the new range.



It has taken Titan three years to develop the range from concept to market, revealed Mr B. V. Nagaraj, Head - Innovation and Design (I&D), Titan. The technology - including the smart chip that drives the watch - has been developed in-house by the I&D team.



Advertising campaign



The launch is being backed by an advertising campaign featuring Titan brand ambassador Aamir Khan and ace shuttle badminton star Saina Nehwal.



Saina has been roped in especially for the HTSE range.



A national multimedia campaign spanning TV, print, outdoors, point of sale and online media will be used to promote it.



Titan Industries reported sales of Rs 6,570 crore in the year ended March 2011, of which, watches accounted for Rs 1,266 crore.



Published on July 06, 2011
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