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Titan Industries Limited

Titan Industries is Indian's leading producer of watches with an annual turnover of Rs 630 crores (1999-00). Titan markets its watches under the Titan and Sonata brand names. Titan has more than 50 per cent market share in the IndianTitan's ad campaign for Fasttrack watches watch market. Titan Industries Limited is a joint venture of the Tata Group and The Tamil Nadu Industrial Development Corporation (TIDCO). Its business activities cover not just watches, but clocks and jewellery as well. In a short span of time, the company has built an enviable reputation for its corporate practices, products and services.

Areas of business
Titan Industries will make and market over seven million watches this year, making it the sixth largest global player in the category of "manufacturer brands", i.e. watch companies that manufacture the components that go into the branded products they market. It has a very wide range of products in terms of looks, function and price points, all noted for their workmanship and reliability. A significant proportion is sold through two Titan controlled retail chains. The company's watches are presently sold in about 40 countries of the world through marketing subsidiaries based in London, Dubai and Singapore. They enjoy a reputation for being excellent value for money. Titan Industries also makes watches for international labels.

Titan's latest range of watches After entering the watch segment in 1987, Titan Industries entered the precious jewellery segment in 1995 under the brand name Tanishq. It is India's only fine jewellery brand with a national presence and is an acknowledged business leader in the country's US $ 10 billion jewellery market. Tanishq jewellery is sold exclusively through a company controlled retail chain which now has 40 outlets and is still expanding. Tanishq jewellery is also exported to Europe, the USA, the Middle East and Australia.

Titan Industries also makes and markets a very attractive range of decorative table clocks, incorporating both classical and contemporary designs, including some ethnic styles.

The company employs around 3,700 personnel. Its manufacturing facilitiesFastrack watch from titan occupy a built-up area of 33,000 square meters. The main manufacturing plants are located at Hosur in the southern state of Tamil Nadu. In addition, there is an assembly unit at Dehradun in the northern state of Uttar Pradesh and a unit that produces electronic circuitry for quartz watches in the state of Goa. Headquarter offices are in Bangalore, the Information Technology capital of India.

Achievements
Titan Industries Limited is recognised as a corporate leader by its professional peers. It has been ranked as India's leading consumer durables marketing company for the past seven years (1993-99) in polls conducted by the country's leading advertising and marketing publication A & M. It was rated as one of Asia's top 200 companies and India's top 10 in each of the years 1994 to 1998 in surveys conducted by The Far Eastern Economic Review. In another survey conducted by The Economic Times in the year 2000, Titan was voted India's most admired brand. Recognition for the company's engineering capabilities, innovative products, advertising excellence and services to the community has come in the form of several prestigious Indian and international awards.

Contacts:

Golden Enclave,
Tower A,
Airport Road,
Bangalore - 560 017, INDIA.
Phone: 526 8551
Fax: 526 3001 / 9923
Email:arifs@titan.co.in

Titan International Marketing Limited
18, Grosvenor Place,
London SW IX 7HS,
United Kingdom
E-mail: david.saldanha@titan.sprint.com

Titan International Marketing Ltd (Dubai)
A.G.30&32, Office Building No.3,
P.O. Box 61094,
Jebel-Ali-free-Zone
Dubai (United Arab Emirates)
E-mail: titan@emirates.net.ae

Titan Watches and Jewellery Intl.
(Asia Pacific) Pte. Ltd.
The Faraday, 55 A Science Park Drive
Singapore (118236)
E-mail: hdongre@tatatechnologies.com.sg
 


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