"In retail stores, card sales have really gone up quite a lot. Our retail stores are slowly recovering whereas the impact is being still felt in smaller towns and dealers where almost all the customer transactions used to be in cash," he said. So, we are not holding back in any way, either in advertising or launch of new products. Consolidated hit so far is around 5-6 per cent, he said. We are doing many things to activate the market". We are hoping that we will recover the lost ground. He noted that small dealers did not even had card swiping machines."We are unveiling many new campaigns.In Titans retail stores, sales by credit card were about 50-52 per cent before the November 8 decision but this figure has now crossed 70 per cent mark.."We are doing everything possible to overcome the hit that we have got so far.Meanwhile, Titan also inaugurated its revamped store at Jubilee Hills, , bringing together its retail chains under one roof. May be they are helping in overcoming the impact also"."

Impact of demonetisation is wearing off slowly now."Noting that Titan had launched new products in recent times, had good wedding gifts and kicked off an end-of-season sale offering up to 40 per cent discount, he said, "All those things are helping. Ravi Kant said.Hyderabad: Titan has taken a five per cent hit in sales of its watches and accessories following demonetisation of high-value currencies but is taking initiatives to hopefully recover the lost ground by March-end, a senior company official said on Wednesday. We are hoping that we can recover lost ground before the China .325" saw chains Manufacturers year-end," S.Titan Watches and Accessories CEO, S Ravi Kant told PTI here that the unit had taken a 25 per cent hit in the first week after the November 8 announcement on demonetisation.