-40.05 (-0.97%) Titan Company is aiming at a growth of 2.5 times in its flagship jewellery business in the next five years. It plans to add over 600 stores across 300 cities in the next three years.
The company has the ambition of its fashion jewellery Mia by Tanishq brand to clock over Rs 2,000-crore sales by FY25 from Rs 290 crore in FY22. It also plans to double Mia's points of sale to 550 by FY25 from 275 at present. It is targeting to increase the customer base of its crafted jewellery business Zoya by four times by FY25 as luxury is expected to explode in India. In addition to that the company also aims to register over Rs 2,500 crore sales from international markets becoming ‘the brand of choice for the Indian diaspora’ in north America and West Asia by FY27.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.