Timex Group India Ltd, which has been witnessing flat growth in the last couple of years, hopes for a revival in market conditions in 2010-11.
This year (2009-2010), Timex has seen modest growth of 3 percent on the topline for the last nine months and expects 10 percent growth in revenues next year (2010-11).
The Timex Group in India markets 12 brands, including Timex, Versace, Nautica and Guess, spanning a wide price spectrum from INR600 (USD13.55) to a few INR100,000.
(Source: The Hindu Business Line)