-47.65 (-1.15%) Titan Company has opened four Karigar centres, including shop floor and accommodation for jewellery artisans, in Hosur, Tamil Nadu. Spread across an area of 11,990 square feet each, these centres symbolise Titan’s effort, as a responsible player, in transforming the lives of Karigars from across the country. The Karigars can use their skills to craft hand-made gold jewellery for the division. The four centres in Hosur will accommodate 300 artisans. The Karigar centres are an extension of an idea the company started nearly a decade ago in the form of Karigar parks.
Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.