Titan Company Ltd.

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Titan Industries’ arm ‘Tanishq’ to invest Rs 1,000 crore to expand retail network

Date: 06-05-2013

Titan Industries’ - jewellery retail chain arm - Tanishq, will be investing more than Rs 1,000 crore this fiscal in opening new stores across the country. The arm is planning to launch as many as 29 new stores this fiscal. Among them, the firm will open 8 to 10 outlets in eastern India at an investment of about Rs 200 crore.

Tanishq currently has 146 retail stores in the country including 20 retail stores in the eastern region. Tata Group’s jewellery brand unveiled a special edition of gold coins to pay tribute to Nobel laureate Rabindranath Tagore on his 152nd birth anniversary.