Opal Clocks

OPAL LUXURY TIME PRODUCTS LIMITED is a Pune based company, into the business of manufacturing and marketing of High-end Designer Wall Clocks and Table Clocks with the brand name OPAL and CALIBER. A decade ago, the clock as a product category has been largely neglected in the country, by manufacturers, and no sincere effort was made by them to uplif... t the product category, on the contrary, they brought down the prices and quality, by getting into the price war, and hence the product category lost the battle. The purpose of a clock has been primarily to show time, in houses, offices and public places. In 1996 Mr. Subhash Gujar had created & launched the brand with a difference, of making clock a piece of art, more than a time showing device. It launched high end clocks, with a major design element, movements from Japan, high class door step service, new innovative materials, unconventional channels of sales, and because of all this, though with great difficulty, it has reached and has been recognized to be the pioneers and leaders in this range. Till 2007 OPAL as a brand was well recognized across the country and all major dealers were dealing in the products, and the range was very well accepted by the consumers. The growth was happening at a good speed and the need of investments was rising very high which the partners of the firm understood that they cannot keep pace with and hence strategic alliance with the management of Innoventive Venture Ltd. was done. Innoventive Venture Ltd. a company based in Pune, primarily in to manufacturing of auto components, having an annual turnover of Rs. 450.00 crores, was looking out for investments in companies which had great growth plan but were stuck because of funding. When both the promoters met and joined hands, the new company was formed in February 2007 by the name of OPAL LUXURY TIME PRODUCTS PRIVATE LIMITED and the operations started in February 2007. Today OPAL has a PAN India presence, and the products are sold by leading Home Improvement stores, gift stores, ...Read More