Titan aims to double size in jewellery market in 5 yrs.

Tata group firm Titan Co is looking to increase its size by two-and-a-half times in the jewellery market over the next five years.

The company, which sells jewellery under Tanishq brand, is venturing into unexplored markets within India by expanding network and launching new designs.

'We want to become big. We want to grow our market size two and a half times in next five years time,' Titan Industries CEO New Business Division L R Natarajan said. According to him, Titan had sold jewelery worth Rs. 8,000 crore last fiscal. This accounted for nearly 4 per cent of the jewellery market in India.


BS