-10.35 (-0.25%) Titan Company is planning to open a new store in the US market this fiscal, besides adding more in the domestic markets. In the jewellery division, Titan is also expanding its brand Tanishq to the global markets and opening stores in West Asia and North America markets targeting the Indian diaspora.
As per the company, the outlook for its jewellery division in FY23 and mid-term is positive with excellent growth opportunity helped by multi-pronged efforts within the wedding market, momentum behind its gold exchange scheme and network expansion.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.