Titan Company NSE -0.43 % Tuesday said it has entered into an alliance with FTS USA LLC to assist in setting up an assembly unit of the American watchmaker.
As part of the partnership, Titan will further extend its support to FTS by supplying quartz movement kits and training the US engineersNSE -0.48 %, it said in a statement.
“We are happy to support FTS through this new facility, in helping them revive the American watch manufacturing industry,” Titan Company CEO – Watches and Accessories S Ravi Kant said.
According to him, the alliance signifies Titan’s three-decade-long expertise in watchmaking.
Nearly all large-scale watchmaking for the US market is done outside America in countries such as Switzerland, China, Japan, the Philippines and India.
