Titan Company's women ethnic wear brand Taneira is eyeing about two-fold growth in revenue at Rs 300 crore in current fiscal year (FY23), and Rs 1,000 crore by FY27. Launched in 2017, Taneira is the latest in-house brand from Titan. It aims to tap the huge ethnic apparel segment. The brand will predominantly focus on the saree business which is a Rs 50,000 crore market growing at a compound annual growth rate (CAGR) of 6-8 per cent.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.
