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Timex Group plans to double down on India, raise market share: Executives

With double-digit growth, new launches, and deeper India focus, Timex aims to be the second-largest international watch brand in the country

Timex Group
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(L-R): Tobias Reiss Schmidt, President and CEO Timex Group and Deepak Chhabra, MD Timex Group India Limited (TGIL)

Aneeka Chatterjee Bengaluru

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From aggressively doubling down on their development in India to diversifying the brand with launches like Guess Jewellery, Timex is charting a clear and ambitious path forward. Tobias Reiss-Schmidt, president and CEO of Timex Group, and Deepak Chhabra, managing director of Timex Group India Limited (TGIL), told Aneeka Chatterjee in a face-to-face interview that the company’s aspiration is to become one of the leading global watch players in India. Edited excerpts:
 
How do you envision the company's growth and strategy evolving in the India market?
 
Tobias: We are committed to doubling down on our development in India and significantly increasing