Published
Jun 15, 2022
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Titan Eyeplus plans to cross 1,000 store mark by FY23 end

Published
Jun 15, 2022

Titan Company’s eyewear division Titan Eyeplus plans to continue to expand rapidly across India and cross the 1,000 store mark by the end of the 2023 financial year. 

Titan Eyeplus has stores across India - Titan Eyeplus


Over the past year, Titan Eyeplus has opened 178 stores in India and has reached a total of around 760 stores, ET Bureau reported. This fiscal, the business aims to amp up its offline expansion and cross the 1,000 store mark.

As well as continuing to expand its brick-and-mortar presence across India, Titan Eyeplus is also focusing on product innovation and launching more comprehensive eye-care solutions. Recent launches include audio sunglasses, anti-virus glasses and lenses, and value glasses among others. 

The brand has shifted its identity to centre around expertise and empathy and define itself as an eye-care expert. Titan also officially renamed its eyewear division to eye-care during the pandemic to respond to the growing concerns for health and wellbeing. 

“In the worst of our existence, we realise that we are experts who care for customers,” said Titan Company’s CEO of eye-care, Saumen Bhaumik, ET Retail reported. “That realisation brought clarity needed for being in this business.” 

In the 2021 and 2022 financial years, Titan Eyeplus reported a profit and the 2022 financial year was the best financial year for the business to date, despite the disruptions of the pandemic. In the 2021 financial year, Titan Eyeplus’ profit totalled Rs 8 crore and this shot us to Rs 38 crore in the 2022 financial year. The business has plans for an equally profitable 2023 fiscal, ET Bureau reported.

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