Titan Eyeplus to open 50 new stores

Titan Eye has said that it is aiming at a 30% revenue growth in the current fiscal year with the opening of 50 new stores in tier I and tier II cities.
 
Mani Kant, CEO, Eyewear division, Titan Company limited, told VJ Media in an exclusive chat on their expansion plans, "The eye wear market in India is estimated to be around Rs. 3500 crore, with estimated 75% still being unorganized. Titan Eyeplus is the largest chain of optical retail stores in India with a network of 260 stores across 93 cities. All our stores offer state of the art eye testing facilities and a wide range of frames, sunglasses and lenses to suit any kind of eyewear requirements.  The brand has seen a healthy double digit growth this year and we expect to sustain the same momentum next year as well. We are looking to expand our footprint and open 50 stores in this fiscal across Metro's, Tier 1 & Tier 2 cities.”
 
Titan Eye Plus is in the sixth year of operations has over 260 stores across India. Titan Eye Plus new range 'Titan Glares are priced between Rs 1,500 and Rs 3,000, over and above while the Fastrack range is priced between Rs 500 to Rs 1,500.