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Time marches on for Indian watchmaker Titan

HMT, India's state-owned loss-making watchmaker - is to close down. Founded in the 1960s, analysts say HMT had become a relic of India's past.

But as Sameer Hashmi discovers, another Indian watchmaking company - Titan - seems to have its business model running like clockwork.

Watch more reports on Asia Business Report's website.

Part of the BBC's Made In India series.