History of this Watch Company...... ⏱️⏱️
Titan Organization Ltd is the world's fifth biggest wrist watch maker and India's driving maker of watches. The organization is participated in assembling of watches gems accuracy designing and Eyewear. They produce watches under the brand name Titan Fastrack Sonata Cloud RAGA Formal attire Octane and Xylys. They send out watches to around 32 nations all over the planet. They make valuable gems under the Tanishq brand name. Titan Enterprises Ltd is a joint endeavor between the Goodbye Gathering and the Tamil Nadu Modern Improvement Partnership (TIDCO).As on 31 December 2020 Titan's corporate store (counting CaratLane) remains at 1854 stores with a retail region crossing 2.4 million sq.ft. for everything its brands covering 292 towns.
The Organization is organized into four verticals to be specific Watches and wearables Gems Eyewear and Others where 'Others' incorporate Accessones Scents and Indian dress wear. Appropriately the Organization has introduced its section results under these business portions. Titan Enterprises Ltd was consolidated in the year 1984 and started their business in the year 1986. The organization set up a coordinated watch producing office at Hosur in Tamil Nadu in the year 1987 with beginning specialized skill from Europe and Japan.
In October 1992 they accompanied a right issue to the piece of money for its development programs. In the year 1995 they differentiated into Gems under the brand name of Tanishq to gain by a divided market working without any brands in metropolitan urban communities. Aside from the homegrown market the organization began the assembling of looks for a few esteemed worldwide brands during the year 1997.
In the year 1998 the organization sent off the subsequent watch brand Sonata. In the year 2003 the organization utilized their assembling capabilities and extended into Accuracy Designing Items and Machine Building. They enhanced into design Eyewear by sending off Fastrack Eye-Stuff shades as well as Remedy Eyewear.
The organization's Accuracy Designing Division supplies accuracy parts and furthermore fabricates dashboard timekeepers as OEM to vehicle producers in Europe and America. The division additionally gives completely coordinated Mechanization arrangements.
During the year 2004-05 the organization sent off two brands to be specific Fastrack shades and Tommy Hilfiger Watches. They went into the aroma business through send off of Develop and these are accessible in UAE OMAN and Bahrain.
During the year the organization set up another watch get together unit at Baddi Himachal Pradesh with a gathering limit of 2 million watches per annum. In the year 2005 the organization sent off their subsequent Adornments brand under the name of Gold In addition to focused on the mass market and for gaining by the open door in modest communities and provincial India.
During the year 2005-06 the organization consolidated their Retailing group and Client support and rechristened as the Retailing Administrations Gathering. They sent off XYLYS another brand in the quickly developing premium 'Swiss Made' market fragment. The brand was sent off in Mumbai Delhi Bangalore and Hyderabad.
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