Titan Company

This article is about the consumer goods company from India. For other companies, see Titan (disambiguation).

Titan Company Limited
Company typePublic
ISININE280A01028
IndustryLifestyle
Founded1984; 40 years ago (1984)
FounderXerxes Desai[1]
Headquarters
Bangalore, Karnataka
,
India
Number of locations
2,000+ retail stores
Area served
Worldwide
Key people
ProductsWatches, Jewellery, Bags, Perfumes, Belts, Wallets and Eyewear
RevenueIncrease ₹51,617 crore (US$6.2 billion) (2024)[3]
Increase ₹4,622 crore (US$550 million) (2024)[3]
Increase ₹3,496 crore (US$420 million) (2024)[3]
Total assetsIncrease ₹31,550 crore (US$3.8 billion) (2024)[3]
Total equityIncrease ₹9,393 crore (US$1.1 billion) (2024)[3]
Number of employees
8,680 (2024)[3]
Parent
Subsidiaries
  • Titan Engineering and Automation Limited
Websitetitancompany.in

Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with TIDCO, the company has its corporate headquarters in Electronic City, Bangalore,[5] and registered office in Hosur, Tamil Nadu.[6]

Titan Company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack.[7] Titan is the largest branded jewellery maker in India by value, with a 6% market share as of 2022.[8][9] More than 80% of its total revenue comes from the jewellery segment. ( Tanishq , Mia , CaratLane & Zoya )[8] As of 2019, it is also the fifth-largest watch manufacturer in the world.[10]

  1. ^ "Xerxes Desai, founder of Titan, dies". Livemint.com. 28 June 2020. Archived from the original on 7 October 2018. Retrieved 7 October 2018.
  2. ^ "Titan Company Ltd". Reuters. Retrieved 21 June 2024.
  3. ^ a b c d e f "Annual Report for the FY 2024" (PDF). Titan Company. 3 May 2023. Retrieved 3 May 2023.
  4. ^ Nair, Remya (27 October 2020). "Tatas got panned for Tanishq ad. But this state govt is the largest shareholder in Titan". ThePrint. Archived from the original on 7 December 2021. Retrieved 7 December 2021.
  5. ^ "When an office becomes a people's home". Livemint. Archived from the original on 8 November 2020. Retrieved 17 April 2020.
  6. ^ "A Titan of Bengaluru". The Times of India. Archived from the original on 7 December 2021. Retrieved 7 December 2021.
  7. ^ "On the Fastrack". The Financial Express. 27 May 2008. Archived from the original on 11 October 2021. Retrieved 17 February 2021.
  8. ^ a b "Titan Expects Jewellery Business To Perform Better During October–March". BloombergQuint. Archived from the original on 11 October 2021. Retrieved 17 February 2021.
  9. ^ "Titan aims to grow 2.5 times in jewellery business in next 5 years". Business Today. 13 May 2022. Archived from the original on 16 June 2022. Retrieved 29 June 2022.
  10. ^ Sinha, Ashish. "Titan: Titanic Success". BW Businessworld. Archived from the original on 8 May 2021. Retrieved 17 February 2021.