The eyewear will have inbuilt Bluetooth speakers through which a user would be able to manage calls and music on the go. Called Fastrack Vibe, the product will be available in two variants.
Three
years after foraying into the smart wearables segment with Fastrack
Reflex, Titan’s subsidiary Fastrack
is set to enter the smart eyewear market. According to sources, the
Bengaluru-headquartered company is going to launch smart audio
sunglasses by the end of next month.
These
eyewear will have inbuilt Bluetooth speakers through which a user
would be able to manage calls and music on the go. Called Fastrack
Vibe, the product will be available in two variants.
An
email sent to Titan remained unanswered. “There are several smart
eyewear players in the market but the USP of this product will be
its affordable price point which is between Rs 3,000 and Rs 4,000,”
said the source.
The
Bose Frames audio sunglasses which were launched in India in June
last year carry a price tag of Rs 21,900.
According
to experts, Titan has done well in smart wearables positioning itself
as one of the top players in the segment. Its brands have high recall
especially Fastrack which is India’s largest youth brand.
The
jewellery-to-watches maker has two in-house sunglasses brands —
Titan glares and Fastrack sunglasses. “This new category will help
customers to listen to music, connect calls and navigate. However,
this being a new segment, a lot of ad-spend would be required to
create the category,” said Abneesh Roy, research analyst at
Edelweiss Securities.
Last
year in October, Titan had brought Skyfly Mutrics Smart eye wear to
India which had features such as Qualcomm Bluetooth 5.0 and an eight
hour playtime. It also has an in-built mic to enables users to access
Siri and Google Assistant and answer calls on the go. However, with
the Fastrack offering, the Bengaluru-headquartered company will be
rolling out an in-house built smart eyewear, for the first time in
the market.
Launched
in 1998, Fastrack retails across the nation through 180 exclusive
stores in over 80 cities as well as authorised multi-brand outlets
and online portals.
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