Titan Company, a leading player in the Indian jewellery market, is gearing up for significant expansion in the fiscal year 2024-25 (FY25). With a focus on accelerating growth, the Tata Group subsidiary aims to open more than 170 new jewellery stores across various regions
Titan Company, a key player in India's jewellery industry, is embarking on an ambitious expansion journey in the fiscal year 2024-25 (FY25). With a commitment to growth and innovation, the Tata Group entity is set to introduce over 170 new jewellery stores across diverse markets.
A significant portion of Titan's expansion plan involves the Tanishq brand, renowned for its exquisite jewellery collections and trusted craftsmanship. The company aims to inaugurate at least 45 retail outlets under the Tanishq banner across India. Notably, Titan's expansion strategy extends beyond metro cities, with a keen focus on tapping into non-metro markets to cater to the evolving preferences of consumers.
In line with its global aspirations, Titan Company is poised to venture into international territories by opening six Tanishq outlets each in the United States and the Middle East. Leveraging the franchise model, these new locations will not only showcase Tanishq's signature designs but also offer a seamless shopping experience to customers abroad.
Furthermore, Titan is committed to strengthening its digital presence and catering to the growing demand for online jewellery shopping. As part of this initiative, the company plans to expand its digital-first brands, Caratlane and Mia, by establishing more than 50 Caratlane outlets and introducing 70 Mia stores.
This multi-faceted expansion strategy underscores Titan's relentless pursuit of excellence and commitment to meeting the diverse needs of consumers. By broadening its retail footprint, both domestically and internationally, and embracing digital innovation, Titan Company aims to consolidate its position as a leader in the global jewellery market while enhancing customer accessibility and satisfaction.
Be the first to comment