Titan Company Ltd: Wrist Watches Price Check All Products and Facts

Titan Company

With a motto to “Be More,” here’s what this company reflects, apart from the constant flow of time!

Titan Company Limited: Titan Company Limited is an Indian manufacturer of fashion accessories such as jewelry, watches, and eyewear. Titan is a venture between the Tata Group and the Tamil Nadu Industrial Development Corporation. The operations of Titan Watches Limited started in 1984. Titan is the world’s sixth-largest integrated, own-brand watch manufacturer.

Titan has expanded into underserved markets and built lifestyle brands across multiple product categories during the last three decades. Titan is well-known for revolutionizing the Indian watch and jewelry sector and shaping the Indian retail market by pioneering experiential retail. 

The Origin

The Titan Company Limited (Titan) journey began in 1984 as a joint venture between the TATA Group and the Tamil Nadu Industrial Development Corporation (TIDCO). Starting with the goal of creating a Titan watch for everyone, Titan has grown to become the world’s fifth-largest integrated watch manufacturer, which was merely the beginning of a successful narrative. 

Titan is synonymous with excellent craftsmanship, cutting-edge technology, and dependable product quality. They create elevating experiences for people while substantially impacting the work environment at Titan.

Some of the values that are a priority at Titan – Customers always take priority over everything else because customers are at the heart of our success, which is why their hopes and objectives are central to the brand policy.

High performance is ingrained in their culture and teamwork. The focus on better ways and newer technologies is driven by innovation and creativity due to the passion for excellence.

At Titan, a portion of the resources is invested in environmental and community improvement. Titan has always been built on pioneering innovation, international design ethos, customer-oriented values, and first-rate service. 

The Titan Brands

Titan Eye+ announces its best-in-class progressive lens, “Titan Ultima,” precision-engineered. After fog-free, Clear Sight, and Neo-Progressive lenses, the well-known company, which is famous for merging knowledge, utility, and design in all of its products, unveiled its latest invention in the lens category.

The Fastrack watches section rose significantly in the quarter compared to the June quarter of the previous year, with a growth rate of 120%.

The company reported a total income of Rs 183 crore for the June quarter, an increase of 173 percent year on year, with a margin of 19.8 percent.

The business added 56 new outlets to its Eye Care segment in the June quarter, totaling 789.

Tanishq, Skinn, and the Works

Titan entered the glittering side in addition to conquering the watch business. Tanishq, a jewelry brand, was introduced in 1996, and Gold- plus, a standardized mass marketing of jewelry, was launched a decade later. Fastrack is a fun, youthful watch, accessory brand, and accessories lined up in 2003. Mia is a gorgeous collection of excellent, urban chic, affordable jewelry that is made for working women.

Titan entered the perfume market in 2013 with the launch of SKINN, redefining the Indian fragrance industry by ensuring the highest quality and bearing the Titan hallmark. Titan resurrected the renowned watch brand, an endeared name in India in the 1960s and 1970s, also in 2016.

Later, it purchased the Swiss watch brand Favre-Leuba in 2011. Titan, who dared to challenge the Swiss, is today the world’s largest integrated own-brand watch producer.

Titan Company recorded a 13-fold increase in year-on-year (YoY) net profit in the June quarter, at Rs 793 crore, compared to Rs 61 crore profit in the same period the previous year.

The Tata Group firm claimed that its quarterly revenues were the second-highest ever, boosted by strong seasonal demand in a near-normal Ql that followed two years of Covid disruption.