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Titan aims for $3 billion turnover

Expects to end current fiscal with a 10 per cent growth

Tags: retail, retailer, news, Titan Company

February 26, 2014  |  comments ( 0 )  | 
Titan aims for $3 billion turnover

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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