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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{short description|Indian watch manufacturing company}}&lt;br /&gt;
{{about|the consumer goods company from India|other companies|Titan (disambiguation)}}&lt;br /&gt;
{{Use Indian English|date=September 2020}}&lt;br /&gt;
{{Use dmy dates|date=September 2020}}&lt;br /&gt;
{{Infobox company&lt;br /&gt;
| name = Titan Company Limited&lt;br /&gt;
| logo = Logo of Titan Company, May 2018.svg&lt;br /&gt;
| type = [[Public company|Public]]&lt;br /&gt;
| traded_as = {{Unbulleted list |{{BSE|500114}}|{{NSE|TITAN}}|[[BSE SENSEX|BSE SENSEX Constituent]]|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}&lt;br /&gt;
| ISIN = INE280A01028&lt;br /&gt;
| founder = [[Xerxes Desai]]&amp;lt;ref&amp;gt;{{Cite news|url=https://www.livemint.com/Companies/YU0lGZxi8vGW383NazxsOK/Xerxes-Desai-founder-of-Titan-dies.html|title=Xerxes Desai, founder of Titan, dies|publisher=Livemint.com|date=28 June 2020}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
| area_served = Worldwide&lt;br /&gt;
| key_people = {{Unbulleted_list|N. Muruganandam ([[Chairman]])|C. K. Venkataraman ([[Managing Director|MD]])|C. K. Venkataraman, CEO&amp;lt;ref&amp;gt;{{Cite news|url=http://www.afaqs.com/news/story/10587_C-K-Venkataraman-is-COO-Titan-Jewellery-Division|title=C K Venkataraman is COO, Titan Jewellery Division|publisher=afaqs.com|date=7 January 2020}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=36142571&amp;amp;privcapId=708276|title=Titan Co Ltd|publisher=bloomberg.com|access-date=7 October 2020}}&amp;lt;/ref&amp;gt;}}&lt;br /&gt;
| industry = [[Lifestyle business|Lifestyle]]&lt;br /&gt;
| genre = &lt;br /&gt;
| products = [[Watches]], [[Jewellery]], [[Precision engineering]], [[Bags]], [[Perfume]]s, [[Belt (clothing)|Belts]], [[Wallets]] and [[Eyewear]]&lt;br /&gt;
| revenue = {{increase}} {{INRConvert|21204|c}} (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;&amp;gt;{{cite web|url=https://www.titancompany.in/sites/default/files/Annual_Report_2019_20.pdf|title=Annual Report for the FY 2020|publisher=Titan Company|date=16 August 2020}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
| operating_income = {{increase}} {{INRConvert|2271|c}} (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;/&amp;gt;&lt;br /&gt;
| net_income = {{increase}} {{INRConvert|1496|c}} (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;/&amp;gt;&lt;br /&gt;
| assets = {{increase}} {{INRConvert|13549|c}} (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;/&amp;gt;&lt;br /&gt;
| equity = {{increase}} {{INRConvert|6579|c}} (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;/&amp;gt;&lt;br /&gt;
| owner = &lt;br /&gt;
| num_employees = 7,500 (2020)&amp;lt;ref name=&amp;quot;FY&amp;quot;/&amp;gt;&lt;br /&gt;
| parent = {{plainlist|&lt;br /&gt;
*[[Tata Group]]&lt;br /&gt;
*[[TIDCO]]}}&lt;br /&gt;
| subsid = [[Titan Engineering and Automation Limited]] &amp;lt;br /&amp;gt; [[CaratLane]] &amp;lt;br /&amp;gt; [[Favre-Leuba]]&lt;br /&gt;
| divisions = &lt;br /&gt;
| footnotes = &lt;br /&gt;
| logo_caption = Latest Logo of Titan Company&lt;br /&gt;
| foundation = {{Start date and age|1984}}&lt;br /&gt;
| location_city = [[Hosur]]&lt;br /&gt;
| location_country = [[Tamilnadu]], India&lt;br /&gt;
| brands = {{plainlist|&lt;br /&gt;
*[[Fastrack (fashion accessories)|Fastrack]]&lt;br /&gt;
*[[Tanishq]]&lt;br /&gt;
*Titan Eyeplus&lt;br /&gt;
*Sonata&amp;lt;ref&amp;gt;https://www.sonatawatches.in/content/about-sonata&amp;lt;/ref&amp;gt;}}&lt;br /&gt;
| homepage = {{url|titancompany.in}}&lt;br /&gt;
| dissolved = &lt;br /&gt;
}}&lt;br /&gt;
&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Titan Company Limited&amp;#039;&amp;#039;&amp;#039; (earlier known as Titan Industries Limited) is an Indian luxury products company that mainly manufactures fashion accessories such as [[watches]], [[jewellery]] and [[eyewear]]. Part of the [[Tata Group]] and started as a joint venture with [[Tamil Nadu Industrial Development Corporation|TIDCO]], the company is headquartered in [[Hosur]], [[Tamilnadu]].&amp;lt;ref&amp;gt;{{cite news |title=When an office becomes a people’s home |url=https://www.livemint.com/Leisure/9I4MxLkSQeK9myy0YsBxhM/When-an-office-becomes-a-peoples-home.html |access-date=17 April 2020 |work=Livemint}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Titan commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with [[Tanishq]] and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand [[Fastrack (fashion accessories)|Fastrack]].&amp;lt;ref&amp;gt;{{cite news |title=On the Fastrack |url=https://www.financialexpress.com/archive/on-the-fastrack/314998/ |access-date=17 February 2021 |work=The Financial Express |date=27 May 2008}}&amp;lt;/ref&amp;gt; As of 2019, Titan is the fifth-largest watch manufacturer in the world.&amp;lt;ref&amp;gt;{{cite news |last1=Sinha |first1=Ashish |title=Titan: Titanic Success |url=http://www.businessworld.in/article/Titan-Titanic-Success/05-04-2019-168873/ |access-date=17 February 2021 |work=BW Businessworld |language=en}}&amp;lt;/ref&amp;gt; It is the largest branded jewellery maker in India, with more than 80 percent of its total revenues coming from the jewellery segment.&amp;lt;ref&amp;gt;{{cite news |title=Titan Expects Jewellery Business To Perform Better During October–March |url=https://www.bloombergquint.com/business/titan-expects-jewellery-business-to-perform-better-during-october-march |access-date=17 February 2021 |work=BloombergQuint |language=en}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==History==&lt;br /&gt;
===1984–1990===&lt;br /&gt;
Titan Company Limited was inaugurated on 26 July 1984 under the name Titan Watches Limited in [[Chennai]].&amp;lt;ref name=&amp;quot;titan-history&amp;quot;&amp;gt;{{Cite news|url=https://www.goodreturns.in/company/titan/history.html|title=Titan Company Ltd. Company History and Annual Growth Details|publisher=goodreturns.in|access-date=7 October 2018}}&amp;lt;/ref&amp;gt; A plant was set up to manufacture quartz analog electronic watches in the State Industries Promotion Corporation of [[Tamil Nadu]], Ltd. Industrial area at [[Hosur]]. In November 1986, Titan Company and [[Casio]] signed a [[Memorandum of understanding|MoU]] proposing to manufacture 2 million digital and analog-digital watches.&amp;lt;ref&amp;gt;{{Cite news|url=https://economictimes.indiatimes.com/titan-company-ltd/infocompanyhistory/companyid-12903.cms|title=Titan Company Ltd.|publisher=Economic Times|access-date=7 October 2018}}&amp;lt;/ref&amp;gt; In 1989, a satellite case plant was set up in [[Dehradun]], [[Uttarakhand]] at present with a manufacturing capacity of 500,000 watch cases annually.&amp;lt;ref name=&amp;quot;titan-history&amp;quot; /&amp;gt;&lt;br /&gt;
&lt;br /&gt;
===1991–2000===&lt;br /&gt;
In September 1993, the company changed its name to Titan Industries Ltd. as it ventured into other range of products other than watches.&amp;lt;ref&amp;gt;{{Cite news|url=http://www.thehindubusinessline.com/companies/titan-eyes-1520-growth-in-jewellery/article8576680.ece|title=Titan eyes growth in jewellery|date=9 May 2016|access-date=26 December 2016}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|url=https://economictimes.indiatimes.com/titan-company-ltd/infocompanyhistory/companyid-12903.cms|title=Titan Company Ltd.|publisher=Economic Times|access-date=14 October 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 1994, Titan launched its jewellery brand Tanishq.&amp;lt;ref&amp;gt;{{cite web|url=http://bestmediainfo.com/2017/06/titan-consolidates-its-ooh-biz-with-milestone-brandcom-and-laqshya-media/|title=Titan consolidates its OOH biz with Milestone Brandcom and Laqshya Media|publisher=Best Media Info|date=14 June 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 1998, the company launched its watch &amp;amp; accessories brand, Fastrack, targeted at a younger audience in a bid to compete with Timex.&amp;lt;ref&amp;gt;{{cite web|url=http://www.rediff.com/money/2005/dec/01titan.htm|title=Titan&amp;#039;s Fastrack on comeback trail|publisher=rediff.com|date=1 December 2005}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
===2001–2010===&lt;br /&gt;
In 2001, Titan launched kids’ watches brand, Dash. The brand saw poor performance and was discontinued in 2003.&amp;lt;ref&amp;gt;{{Cite news|url=http://business.rediff.com/report/2010/jun/09/slide-show-1-titan-launches-watches-for-kids.htm|title=Titan launches watches kids|work=Rediff|access-date=3 November 2018}}&amp;lt;/ref&amp;gt; In 2004, the company entered into an agreement with [[LVMH|Moet Hennessy Louis Vuitton Group]], to service the latter&amp;#039;s range of watches in India through its customer care centres.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.thehindubusinessline.com/2004/11/25/stories/2004112502150400.htm|title=The Hindu Business Line : Titan in service pact  with LVMH Group|website=www.thehindubusinessline.com|access-date=3 November 2018}}&amp;lt;/ref&amp;gt; In 2005, [[Fastrack (fashion accessories)|Fastrack]] was positioned as an independent accessory brand targeting the urban youth. With the objective to become a fashion brand, Fastrack launched [[sunglasses]] in the same year and launched bags, belts and wallets in 2009.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.afaqs.com/news/story/42819_Fastrack-Bold-Statements|title=Fastrack: Bold Statements|website=www.afaqs.com|language=en|access-date=3 November 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
===2011–present===&lt;br /&gt;
[[File:Titan Octane Series Watch.jpg|thumb|A Titan Octane series watch.]]&lt;br /&gt;
Titan acquired Swiss watch maker [[Favre-Leuba]] in 2011 to enter the [[European market]].&amp;lt;ref&amp;gt;{{Cite news|url=https://www.livemint.com/Industry/GMGi4WqkMyrhOfdz05zmRL/Titan-ties-up-with-Ethos-Watches-to-relaunch-FavreLeuba-wat.html|title=Favre-Leuba 3.0: cashing in emotionally|date=6 December 2016|work=Livemint|access-date=3 November 2018}}&amp;lt;/ref&amp;gt; In 2013, Titan entered the fragrances segment with the brand Skinn&amp;lt;ref&amp;gt;{{Cite news|url=http://www.business-standard.com/article/companies/titan-launches-skinn-fragrance-line-113091600764_1.html|title=Titan launches &amp;#039;Skinn&amp;#039; fragrance line|last=Badrinath|first=Raghuvir|date=16 September 2013|work=Business Standard India|access-date=9 March 2017}}&amp;lt;/ref&amp;gt; and later that year, it ventured into the helmets category under its brand [[Fastrack (fashion accessories)|Fastrack]].&amp;lt;ref&amp;gt;{{Cite news|url=http://www.thehindu.com/business/Industry/titan-launches-helmets-under-fastrack-brand/article5418721.ece|title=Titan launches helmets under Fastrack brand|last=PTI|work=The Hindu|access-date=9 March 2017|language=en}}&amp;lt;/ref&amp;gt; In the same year, it changed its name to Titan Company Ltd.&amp;lt;ref&amp;gt;{{Cite news|url=https://www.business-standard.com/company/titan-company-1016/information/company-history|title=Titan Company Ltd.|work=Business Standard India|access-date=3 November 2018}}&amp;lt;/ref&amp;gt; In 2014, it entered into a joint venture with [[Montblanc (company)|Montblanc]] to establish its retail stores in India.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.moneycontrol.com/news/business/announcements/titan-company-enters-into-jvmontblanc-services-bv-netherlands-1114685.html|title=Titan Company enters into JV with Montblanc Services BV, Netherlands|website=Money Control|language=en-US|access-date=3 November 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 2016, Titan opened prescription lens manufacturing facilities in [[Noida]], [[Kolkata]], and [[Mumbai]] to improve its order processing time.&amp;lt;ref&amp;gt;{{Cite news|url=https://www.thehindubusinessline.com/companies/for-expansion-smaller-units-under-titan-eyeplus-lens/article8585077.ece|title=For expansion, smaller units under Titan Eyeplus lens|work=Hindu Business Line|access-date=3 November 2018|language=en}}&amp;lt;/ref&amp;gt; In 2018, Titan merged its [[jewellery]] brand, Gold Plus targeted at customers in South India with [[Tanishq]] to establish the brand&amp;#039;s presence in South.&amp;lt;ref&amp;gt;{{Cite news|url=https://www.business-standard.com/article/pti-stories/titan-to-merge-gold-plus-brand-with-tanishq-117011601132_1.html|title=Titan to merge &amp;#039;Gold Plus&amp;#039; brand with Tanishq|date=16 January 2017|work=Business Standard India|access-date=3 November 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Taneira is an [[ethnic wear]] brand from Titan that retails hand-woven [[Sari|sarees]] from different weaving clusters of India.&amp;lt;ref&amp;gt;{{Cite web|url=https://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/titans-ethnic-wear-brand-taneira-to-open-50-outlets-in-5-years/67024696|title=Titan&amp;#039;s ethnic wear brand Taneira to open 50 outlets in 5 years|website=ET Retail|language=en|access-date=3 July 2019}}&amp;lt;/ref&amp;gt;&amp;amp;nbsp; The brand was launched in 2016.&amp;amp;nbsp; The first retail store was opened in [[Bangalore|Bengaluru]] in 2017 with more stores followed in [[New Delhi]] and [[Hyderabad]].&amp;lt;ref&amp;gt;{{Cite news|url=https://www.thehindu.com/business/titan-plans-to-spread-taneira-saree-store-network/article27051434.ece|title=Titan plans to spread Taneira saree store network|date=6 May 2019|work=The Hindu|access-date=3 July 2019|language=en-IN}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Also, Titan announced recently (during the last quarter of 2016) about launching a series of affordable smartwatches under its brands like Sonata and Fastrack soon.&amp;lt;ref&amp;gt;{{Cite web|url=http://www.moneycontrol.com/news/business/titan-soon-coming-upaffordable-smartwatches_8043241.html|title=Titan soon coming up with affordable smartwatches|website=www.moneycontrol.com|access-date=9 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 2016, Titan entered the wearable devices market by introducing its [[smartwatch]], Juxt, made through a collaboration with [[Hewlett-Packard|Hewlett Packard]].&amp;lt;ref&amp;gt;{{Cite news|url=https://economictimes.indiatimes.com/industry/cons-products/electronics/titan-launches-smartwatch-juxt-with-hp-inc/articleshow/50658613.cms|title=Titan launches smartwatch JUXT with HP Inc|date=20 January 2016|work=The Economic Times|access-date=3 July 2019}}&amp;lt;/ref&amp;gt; In 2017, the company launched a [[Activity tracker|fitness tracker]], named Gesture Band under its youth accessories brand, Fastrack.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.thehindubusinessline.com/companies/fastrack-eyes-the-no-2-position-in-the-smart-wearables-category-in-india/article25625299.ece|title=Fastrack eyes the No. 2 position in the smart wearables category in India|website=Hindu Business Line|language=en|access-date=3 July 2019}}&amp;lt;/ref&amp;gt; In the same year, it invested $3 million in a [[Singapore]] based wearable tech company, CoveIoT.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.medianama.com/2017/11/223-177455/|title=Titan invests in wearable tech startup CoveIoT: Report|date=7 November 2017|website=MediaNama|access-date=3 July 2019}}&amp;lt;/ref&amp;gt; In 2018, the company added new fitness tracker bands. The company had a 7.4% market share in the wearable devices market as of 2018.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.cnbctv18.com/retail/exclusive-titan-to-expand-into-smart-watches-and-fitness-wearables-says-md-bhaskar-bhat6-32961.htm|title=Exclusive: Titan to expand into smart watches and fitness wearables, says MD Bhaskar Bhat|website=cnbctv18.com|language=en-US|access-date=3 July 2019}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Products==&lt;br /&gt;
===Watches===&lt;br /&gt;
[[File:Sonata wrist watch.jpg|thumb|upright|A Sonata wrist watch.]]&lt;br /&gt;
The watches division comprises brands [[Fastrack (fashion accessories)|Fastrack]], Sonata, Raga, Octane and Xylys. In 2011, the company secured licence for marketing and distribution of [[Tommy Hilfiger (company)|Tommy Hilfiger]] and [[Hugo Boss]] watches.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.ndtv.com/business/stock/titan-company-ltd_titan/reports|title=Titan Co: Reports, Company History, Directors Report, Chairman&amp;#039;s Speech, Auditors Report of Titan Co|website=www.ndtv.com|access-date=5 December 2018}}&amp;lt;/ref&amp;gt; Favre Leuba was incorporated in 2012. In 2018, the division accounted for ₹2,126 crore in revenue which was 10% of the total of the company.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.livemint.com/Companies/xB5qoYMcxOcie785R4rvoN/Titan-witnesses-good-growth-in--watches-in-FY18.html|title=Titan witnesses good growth in, watches in FY18|date=7 April 2018|website=www.livemint.com|language=en|access-date=5 December 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== Eyewear ===&lt;br /&gt;
In 2007, Titan Industries forayed into the fashion accessories industry with the launch of [[sunglasses]], an Rs 330-crore market. It introduced Titan Eye+ that has a wide range of frames, contact lenses, prescription [[eyewear]], and sunglasses.&amp;lt;ref&amp;gt;{{Cite web|url=http://www.retail4growth.com/viewpoints/titan-eye-sees-huge-potential-in-indian-eyewear-market-132|title=Titan Eye+ sees huge potential in Indian eyewear market|website=www.retail4growth.com|access-date=5 December 2018}}&amp;lt;/ref&amp;gt; The division accounted for ₹415 crore in FY 2016-17 maintaining a stable growth of 8%.&lt;br /&gt;
&lt;br /&gt;
=== Jewellery ===&lt;br /&gt;
Xerxes Desai started the brand [[Tanishq]] in 1995. Zoya was launched in the luxury segment, while Mia, a sub-brand was under Tanishq for work-wear jewellery. Titan&amp;#039;s total revenue grew 20.44% in 2017-18 to ₹15,656 crore, of which jewellery sales fetched ₹13,036 crore.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.livemint.com/Companies/marKIDtiEtaQfhbIaQ5ihJ/Titan-targets40000-crore-from-jewellery-business-by-FY23.html|title=Titan targets₹40,000 crore from jewellery business by FY23|date=22 July 2018|website=www.livemint.com|language=en|access-date=5 December 2018}}&amp;lt;/ref&amp;gt; In 2016, Titan invested in CaratLane who reported a turnover of ₹290 crore in FY 2017-18.&lt;br /&gt;
&lt;br /&gt;
=== Perfume ===&lt;br /&gt;
In 2013, Titan launched six variants of perfume in the Indian perfume market under the brand name ‘Skinn’. They collaborated with world-renowned perfumers including [[Alberto Morillas]] and Olivier Pescheux.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.gqindia.com/content/titan-launches-skinn-new-range-perfumes/|title=Titan launches SKINN, a new range of perfumes|date=20 September 2013|website=GQ India|language=en-US|access-date=5 December 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Subsidiaries==&lt;br /&gt;
&lt;br /&gt;
Titan Engineering &amp;amp; Automation Limited is a wholly owned subsidiary of Titan. It was formerly known as Titan-Precision Engineering Division. The company now deals in machine building, automation and component manufacturing.&amp;lt;ref name=&amp;quot;subsidiaries&amp;quot;&amp;gt;{{Cite web|url=https://www.titancompany.in/subsidiaries|title=Subsidiaries Titan Corporate|website=www.titancompany.in|access-date=20 February 2019}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Swiss watchmaker, [[Favre Leuba]], was acquired in 2011 and incorporated as a subsidiary of Titan in 2012. The company was acquired for €2 million. Its headquarters in [[Solothurn]], Switzerland.&amp;lt;ref name=&amp;quot;subsidiaries&amp;quot;/&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Titan acquired a 62% stake in [[CaratLane]] 2016 for $50 million.&amp;lt;ref&amp;gt;{{Cite news|url=https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/titan-to-acquire-62-per-cent-stake-in-carat-lane-for-rs-357-24-crore/articleshow/53214980.cms|title=Titan to acquire 62 per cent stake in Carat Lane for Rs 357.24 crore|date=14 July 2016|work=The Economic Times|access-date=20 February 2019}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
Titan Watch Company Limited, [[Hong Kong]], is currently a 100% subsidiary of Favre Leuba AG, [[Switzerland]].&amp;lt;ref name=&amp;quot;subsidiaries&amp;quot;/&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Joint ventures==&lt;br /&gt;
&lt;br /&gt;
It is manily Joint venture with [[TIDCO]] (Tamil Nadu Industrial Development Corporation) by 27.88% of share holding.&lt;br /&gt;
&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Montblanc India Retail Private Limited&amp;#039;&amp;#039;&amp;#039;&lt;br /&gt;
In 2015, Titan entered a joint venture to sell products of Swiss luxury brand Montblanc through its retail outlets. Titan&amp;#039;s equity share is 49% and Montblanc Services B.V. holds 51%.&amp;lt;ref&amp;gt;{{Cite news|url=https://www.thehindu.com/business/Industry/titan-appoints-directors-for-new-jv-with-maison-montblanc/article7958442.ece|title=Titan appoints directors for new JV with Maison Montblanc|date=7 December 2015|work=The Hindu|access-date=20 February 2019|others=PTI|language=en-IN}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Board of directors/senior management&amp;lt;ref&amp;gt;{{Cite web|url=http://www.thehindubusinessline.com/companies/data/Titan-Industries-Limited/board-of-directors/61311/|title=Company news, Company Analysis, Company Announcement, Company Disclosure|website=The Hindu Business Line|language=en|access-date=9 March 2017}}&amp;lt;/ref&amp;gt;==&lt;br /&gt;
{| class=&amp;quot;wikitable&amp;quot;&lt;br /&gt;
!Position&lt;br /&gt;
!Personnel&lt;br /&gt;
|-&lt;br /&gt;
|Chairman&lt;br /&gt;
|Mr N Muruganandam&lt;br /&gt;
|-&lt;br /&gt;
|Managing director&lt;br /&gt;
|CK Venkataraman&lt;br /&gt;
|-&lt;br /&gt;
|Vice Chairman&lt;br /&gt;
|N N Tata&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Mrs. Hema Ravichandar&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Mrs. Ireena Vittal&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Mr. Ashwani Puri&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Mr. B. Santhanam&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Mr. Pradyumna Vyas&lt;br /&gt;
|-&lt;br /&gt;
|Independent director&lt;br /&gt;
|Dr. Mohanasankar Sivaprakasam&lt;br /&gt;
|-&lt;br /&gt;
|Director&lt;br /&gt;
|Bhaskar Bhat&lt;br /&gt;
|-&lt;br /&gt;
|Director&lt;br /&gt;
|Mr. Arun Roy&lt;br /&gt;
|-&lt;br /&gt;
|Director&lt;br /&gt;
|Ms. Kakarla Usha&lt;br /&gt;
|-&lt;br /&gt;
|Company secretary&lt;br /&gt;
|Dinesh Shetty&lt;br /&gt;
|}&lt;br /&gt;
&lt;br /&gt;
Titan Company is awarded in many national and international forums for various activities and categories.&lt;br /&gt;
&lt;br /&gt;
;Corporate&lt;br /&gt;
* Selected as Best Employer for National Award for the Empowerment of Persons with Disabilities 2014 by the government of India&amp;lt;ref&amp;gt;[http://www.disabilityaffairs.gov.in/upload/uploadfiles/files/ListofAwardees2014.pdf National Award for the Empowerment of Persons with Disabilities - 2014]&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Titan ranked among the 100 most sustainable corporations in Asia in the Channel News Asia Sustainability Ranking 2014&amp;lt;ref&amp;gt;{{Cite web|url=http://sustainability-ranking.channelnewsasia.com/top100.html|title=Channel NewsAsia Sustainability Ranking|last=Ranking|first=Channel NewsAsia Sustainability|website=sustainability-ranking.channelnewsasia.com|language=en|access-date=9 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Top Indian Company award under the Gems and Jewellery Sector at the Dun &amp;amp; Bradstreet Corporate awards, 2014&amp;lt;ref&amp;gt;{{Cite web|url=https://www.dnb.co.in/News_Press.asp?mid=345|title=Untitled Document|website=www.dnb.co.in|access-date=9 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* &amp;quot;Hall of Fame&amp;quot; award at 12th Franchisee Awards 2014 by Franchisee India&amp;lt;ref&amp;gt;{{Cite web|url=http://www.expo.franchiseindia.com/2014/award-winners2014.php|title=Franchise India 2014, Franchise Exhibition, Franchise &amp;amp; Retail Show|website=www.expo.franchiseindia.com|access-date=9 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
;Watches&lt;br /&gt;
* Award at the CII 24th Kaizen national awards for assembly casing team&amp;lt;ref&amp;gt;[http://www.cii-iq.in/pdf/annual_report2015.pdf Award at the CII 24th Kaizen national awards]&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Good Design Award 2014 by design Council of Japan for Skeletal Edge&amp;lt;ref&amp;gt;[http://indiadesigncouncil.org/pdf/IMarkCatalogue2012_13_14.pdf &amp;quot;Good Design Award 2014&amp;quot; by design Council of Japan for Skeletal Edge]&amp;lt;/ref&amp;gt;&lt;br /&gt;
* &amp;quot;Best Product design of the year-Watches &amp;amp; Jewellery&amp;quot; award by Red Dot for Skeletal Edge for 2014&amp;lt;ref&amp;gt;{{Cite web|url=http://watchmarketreview.com/type1/september-2013-new-products-titan-edge-an-edge-over-others-408-898.aspx|title=New Products : TITAN Edge - An edge over others… - WATCH MARKET REVIEW|last=VENTURE|first=TAUREAN|website=watchmarketreview.com|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Bronze medal at the Indian Effies Award for Fastrack&amp;lt;ref&amp;gt;{{Cite web|url=http://www.bestmediainfo.com/2012/04/goafest-2012-creative-abbys-ogilvy-leads-overall-tally-followed-by-taproot/|title=Goafest 2012 Creative Abby’s: Ogilvy leads overall tally followed by Taproot {{!}} Best Media Info, News and Analysis on Indian Advertising, Marketing and Media Industry.|website=www.bestmediainfo.com|language=en-US|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
;Jewellery&lt;br /&gt;
* &amp;quot;Most Admired retailer of the year&amp;quot; award in Jewellery Category by Images Retail Awards&amp;lt;ref&amp;gt;{{Cite news|url=http://www.indiaretailforum.in/ira/awardees/|title=IRA 2015 AWARDEES|date=21 September 2015|work=India Retail Forum 2017|access-date=10 March 2017|language=en-US}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Tanishq wins Global Awards for Excellence in Quality Management &amp;amp; Leadership by World Quality Congress&amp;lt;ref&amp;gt;{{Cite web|url=http://www.worldqualitycongress.org/award_winners.html|title=World Quality Congress &amp;amp; Awards|website=www.worldqualitycongress.org|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Tanishq is the first Indian Brand to enter the list of top 30 Best Retail Brands in Asia Pacific and stands at # 13 as per Interbrand&amp;lt;ref&amp;gt;{{Cite news|url=http://www.thehindubusinessline.com/catalyst/tanishq-makes-the-interbrand-apac-list/article5896584.ece|title=Tanishq makes the Interbrand APAC list|last=Bureau|first=Our|date=10 April 2014|work=The Hindu Business Line|access-date=10 March 2017|language=en}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
;Eyewear&lt;br /&gt;
* Award for Customer service excellence at Golden Globe Tigers Award&amp;lt;ref&amp;gt;{{Cite web|url=http://goldenglobetigers.org/Retail-Jewellery-awards-2015.html|title=The Golden Globe Tigers Summit Awards|website=goldenglobetigers.org|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Gold &amp;amp; Silver Awards at TRRAIN (Trust for Retailers and Retail Associates of India) Retail Awards&amp;lt;ref&amp;gt;{{Cite web|url=http://www.trrain.org/startpage/TrrainRetailAward.php|title=TRRAIN|website=www.trrain.org|language=en|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
* Gold Award in the Outdoor Advertising Convention 2014&amp;lt;ref&amp;gt;{{Cite web|url=http://www.theadvertisingclub.org/content/out-homenow-conference-2014|title=Out-Of-Home:NOW Conference 2014 {{!}} THE ADVERTISING CLUB of NEW YORK|website=www.theadvertisingclub.org|language=en|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|url=http://www.printweek.in/news/oac-2014-kindles-confabulation-industry-heads-13080|title=OAC 2014 kindles confabulation of industry heads|date=18 July 2014|work=www.printweek.in|access-date=10 March 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
;Precision engineering&lt;br /&gt;
* Hosur won three State Safety Awards announced by Tamil Nadu Government in 2013&amp;lt;ref&amp;gt;[http://www.tnmine.tn.nic.in/GO/Ind-pn-2016-17.pdf State Safety Awards]&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==Social Initiatives==&lt;br /&gt;
In 2018, as part of their [[Corporate social responsibility (India)|corporate social responsibility]] the company sponsored entrepreneur and skater Rana Uppalapati’s mission titled Titan ECHO (Educate to Carry Her Onwards), to raise support for the education of 25,000 girl children in India.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.deccanchronicle.com/lifestyle/viral-and-trending/091218/rana-uppalapati-skates-6000-kms-to-raise-funds-for-girl-children.html|title=Rana Uppalapati skates 6,000 kms &amp;amp;#91;sic&amp;amp;#93; to raise funds for girl children|date=9 December 2018|website=Deccan Chronicle|language=en|access-date=3 July 2019}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
==References==&lt;br /&gt;
{{Reflist}}&lt;br /&gt;
&lt;br /&gt;
==External links==&lt;br /&gt;
* [http://www.titan.co.in Titan Homepage]&lt;br /&gt;
* [http://www.titanworld.com/in-en Titan Watches India]&lt;br /&gt;
* [https://www.traqgear.in/traq-pro-triathlon Traqgear - Fitness Smartwatch]&lt;br /&gt;
{{Tata Group}}&lt;br /&gt;
{{Nifty 200 companies}}&lt;br /&gt;
{{S&amp;amp;P CNX Nifty companies}}&lt;br /&gt;
{{BSE Sensex}}&lt;br /&gt;
&lt;br /&gt;
[[Category:Watchmaking conglomerates]]&lt;br /&gt;
[[Category:Indian jewellery designers]]&lt;br /&gt;
[[Category:Companies based in Chennai]]&lt;br /&gt;
[[Category:Clothing companies established in 1984]]&lt;br /&gt;
[[Category:Watch brands]]&lt;br /&gt;
[[Category:Indian brands]]&lt;br /&gt;
[[Category:Watch manufacturing companies of India]]&lt;br /&gt;
[[Category:Eyewear companies of India]]&lt;br /&gt;
[[Category:Eyewear brands of India]]&lt;br /&gt;
[[Category:Companies based in Bangalore]]&lt;br /&gt;
[[Category:NIFTY 50]]&lt;br /&gt;
[[Category:BSE SENSEX]]&lt;br /&gt;
[[Category:Titan Company]]&lt;br /&gt;
[[Category:1984 establishments in Karnataka]]&lt;br /&gt;
[[Category:Indian companies established in 1984]]&lt;br /&gt;
[[Category:Companies listed on the National Stock Exchange of India]]&lt;br /&gt;
[[Category:Companies listed on the Bombay Stock Exchange]]&lt;/div&gt;</summary>
		<author><name>imported&gt;DaxServer</name></author>
	</entry>
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