Titan, a JV between Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO), that has presence in watches, jewellery and eyewear and global information technology major HP joined hands to offer a range of smart watches to be launched soon.
In a statement, Titan Co said, “The new relationship between HP Inc. and Titan combine innovative materials, design and custom technology to deliver products that are responsive, and not intrusive”, the company further added, "The range of smart watches will be launched later this year in India and select international markets”.
Titan Co CEO (Watches and Accessories Division) S Ravi Kant said, “the two companies would create a unique lifestyle offering for people not only in India, but across the world. This category of smart watches is going to change the way people view the art of timekeeping and beyond. They can still wear “a drop-dead gorgeous watch on their wrist infused with ‘smart’ technology for a new era of access and connectivity”.
At the same time, HP Inc General Manager, Wearables and Smart Platforms Sridhar Solur said, “although personal style is the ultimate self-expression, some smart accessories on the market force consumers to sacrifice form for function. Our legacy of innovation is helping fashion-forward brands infuse technology into their designs to give consumers the stylish timepieces they want but that are more connected and responsive to the way they live today”.
Here, it is noteworthy that, Titan closed 2014-15 with an income of Rs. 11,791 crore, that is a growth of 9 per cent over the previous year.