Titan
re-defines innovation in the watch industry
Launches
India’s first dual faced watch - FLIP
July 22, 2004
Reinforcing
its technology leadership in the Horological industry,
Titan Industries Limited today announced the launch
of the latest innovation to hit the Indian watch
market. Titan’s latest offering, takes sophistication
to a higher level with the introduction of ‘FLIP’,
India’s first dual face watch with dual functionality
and styling. FLIP, once again underscores the
excellent collaborative work undertaken between
Titan’s Design Studio, the Production Department
and the R&D team.
Watches in the FLIP collection incorporate two
watch movements embedded in a single case. The
dual faced watch allows wearers to switch between
international time zones and alternative lifestyles
– be it formal or casual, with the mere ‘flip’
of the dial. The FLIP creates dramatic appearance
changes ranging from a stark minimal style to
a very sporty one.
The collection explores innovative constructions
allowing for unique ‘flips’. FLIP represents a
dramatic fusion of technological and structural
innovation. The design ethos derives links to
the form and construction of modern day ‘bridges’.
As part of this collection, Titan also announced
the availability of watches with the Automatic
Generating System feature. This provides the customer
with the added benefit of using the watch without
concerns of depletion of the power source. The
collection also features a watch in the ultra-light
material -Titanium, creating a bold new-age expression
of style and technology.
“FLIP once again reiterates Titan’s technology
and R&D capabilities, making us one of the
pioneering, global watch brands. With this launch,
we bring in a distinctive combination of style
and dual functionality, which will definitely
appeal to the evolving tastes and preferences
of our discerning global customer,” said Mr. Bijou
Kurien, COO, Titan Watches.
Priced between Rs. 5495 and Rs. 6500, the unique
collection, will be available in 2 cases and 6
variants. The price points of the collection are
yet another significant achievement for the product
development team since it has been designed keeping
in mind the evolving Indian customer. The AGS
watches are available in 2 cases and 5 variants
priced between Rs 7995 and Rs 8500.
Celebrated actor Akshaye Khanna, who unveiled
the collection expressed, “I think FLIP is the
perfect accessory to complement my ever-changing
lifestyle; one watch that I could wear on a shoot,
a formal evening or to a lounge bar. Its extremely
stylish and fashionable.”
Award winning designer and lead designer of the
collection, Michael Foley, stated, “The biggest
challenge during product development was in devising
a series of innovative constructions and transforming
each into unique and striking design expressions.
Special manufacturing techniques like MIM (Metal
Injection Moulding) had to be used to keep the
design features true to the original concept.”
The FLIP collection will be supported through
a multi-media ad campaign across niche electronic
media and select print publications.
About Titan Industries Ltd.
Titan Industries Limited, a joint venture
between the Tata Group and the Tamil Nadu Industrial
Development Corporation (TIDCO) commenced operations
in 1987 under the name Titan Watches Limited.
In 1994, Titan Industries diversified into Jewellery.
Today Titan is India's leading producer of watches,
and is credited with changing the face of the
Indian watch industry. It has a domestic market
share in excess of 50%. Titan Industries reported
a turnover of Rs.958.52 crores for the year ended
2003-04. As a full range producer-marketer, Titan
offers the Indian and international customer a
very large range of products to suit various tastes
and budgets. Its products are recognized for innovation
in design, quality and reliability.
|
|