Titan Company
Indian multinational watch manufacturing company / From Wikipedia, the free encyclopedia
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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,[7] and registered office in Hosur, Tamil Nadu.[8]
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Company type | Public |
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ISIN | INE280A01028 |
Industry | Lifestyle |
Founded | 1984; 40 years ago (1984) |
Founder | Xerxes Desai[1] |
Headquarters | , India |
Area served | Worldwide |
Key people | |
Products | Watches, Jewellery, Bags, Perfumes, Belts, Wallets and Eyewear |
Brands | |
Revenue | ₹51,617 crore (US$6.2 billion) (2024)[5] |
₹4,622 crore (US$550 million) (2024)[5] | |
₹3,496 crore (US$420 million) (2024)[5] | |
Total assets | ₹31,550 crore (US$3.8 billion) (2024)[5] |
Total equity | ₹9,393 crore (US$1.1 billion) (2024)[5] |
Owners | |
Number of employees | ~7,857 (2023)[5] |
Parent | Tata Group |
Subsidiaries |
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Website | titancompany |
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.[9] The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment.[10] As of 2022, Titan has a 6% market share in India's jewellery market.[11] As of 2019, it is also the fifth-largest watch manufacturer in the world.[12]