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Timex Parent Looks At Outsourcing

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Our Corporate Bureau BUSINESS STANDARD

The US-based Timex Watches BV is looking at outsourcing watches from its Indian subsidiary for all its global markets.

Timex Watches Ltd (TWL) managing director Kapil Kapoor said samples were being discussed and that there was a possibility to outsource watches from India.

Chairman Frank Sherer said the parent is considering the option seriously.

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First Published: May 30 2003 | 12:00 AM IST

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