Titan aims for $3 billion turnover
Expects to end current fiscal with a 10 per cent growthFebruary 26, 2014 | comments ( 0 ) |
Titan Company, a subsidiary of Tata group, is aiming to achieve a turnover of $ 3 billion (over Rs 18,000-crore) over the next two years, and substantially higher than the $ 2 billion in revenues expected for this fiscal.
The current fiscal year has witnessed a considerable slow down in jewellery sales due to the earlier steps taken by the government.
Bhaskar Bhat, MD, Titan Company, said, "We will cross the $3 billion mark in two years, and growth would be largely driven by the jewellery segment along with emerging businesses like eyewear and lifestyle accessories.
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