Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Mon, May 20, 2019 | Last Updated 9:15 pm IST

Menu &Sections

Search

Titan to venture its business in jewelry business

Titan to venture its business in jewelry business
Titan to venture its business in jewelry business
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

According to sources from Titan Company Ltd its Chief Financial Officer Subbu Subramaniam told Bloomberg Quint in an interview confident of expanding its market share in the jewelry business even as the industry is struggling with liquidity squeeze and higher gold prices.

Titan to venture its business in jewelry business

Subramaniam said “It's a tough market but, I think we are holding on to our growth,” and also adding that the market share gains and the tailwinds from the regulatory interventions have helped the company sustain its growth trajectory. “We are planning to grow despite a slowdown in the industry.”



Moreover Subramaniam expects the upcoming wedding season to boost the sales in the jewelry business. Wedding jewelry, he said, would contribute 60 percent to the overall jewlery demand in India.


Titan to venture its business in jewelry business
5/ 5 - (1 votes)
Add To Favourite
More from author
About the author

Nanotechnology Degree Holder. Movie Geek. Crazy about comics and cartoons. Hardcore Cricket Lover. Photoshop Professional