1. Presented By, Aswath Mayooran Sagar Salot Rohit Gupta Abhinaba Sen

2.  Optical Market in India  Retail Optical Sector  Expansion of Titan  Titan Eye+

4.  Market Size - 1800 Cr.  Growth - 15-20% per annum  Unorganized sector - 90% of sales  Frames Market – Chinese Frames (70-80%)  300 million need glasses but only 84 million wear them  30 million pieces sold per annum  Opportunity – Gap between demand and supply

5.  Highly fragmented – more than 3.5 million outlets  Mostly standalone – almost 80% of total  Most retailers carry a wide range of multiple brands of products  Overall trade margins - 25% - 30%  Retailer’s margin can be as high as 70% in some premium/super premium segments.

7.  Entered market in 2007  Under brand name of ‘Titan Eye+’  Products – Fastrack range of sunglasses Titan Eye+ range of frames Brands - Versace, Vogue, Dior, Armani, Espirit  Services - eye check-ups & style consultancy  Third business after watches and jewelry  First store in Bangalore

8.  Initial investment of Rs. 17.5 Cr.  Tie-ups - Essilor and Nikon  Expected revenue of Rs. 15 Cr. in first year  Plans 22% revenue growth in 2014 by expanding its portfolio – ‘Titan Glares’  Constitutes 15% to Titan’s Total Turnover in the last five years.  260 stores across India  Main Focus - A and B segment cities  Brand Positioning – People who view glasses as a necessity & also a tool for personality enhancement