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Titan Company’s arm Tanishq to open 30 new stores in FY15

04 Jun 2014 Evaluate

Titan Company’s jewellery retail chain arm -- Tanishq -- is all set to spend heavily on expansion with 30 new stores in the offing during the year 2014-15. These stores will be company owned and on franchise model.

Moreover, the company is expecting 15% growth in turnover for this fiscal. Currently, Tanishq has around 5% market share in the organised jewellery market of India.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.

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