Titan Company Ltd.

Titan Company is targeting to cross the $3-billion (over Rs 18,000-crore) revenue mark in 24 months, making it the company’s fastest billion dollar growth in a three-decade history. The growth will be driven by the jewellery segment and the growing stature of the new businesses, such as eyewear and lifestyle accessories.

The company took two decades to get past $1 billion in revenue. By the end of this fiscal, at constant forex rate, Titan should be a $2-billion enterprise - close to five years after crossing its first billionth milestone.

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.