- Business
- Titan Company Limited, part of the Tata Group, manufactures and retails a diverse portfolio of lifestyle products including watches and wearables under brands such as Titan, Fastrack, Sonata, Zoop, Xylys, Raga, Nebula, Edge and Octane; jewellery through Tanishq, Zoya, Mia and CaratLane; eyewear via Titan Eyeplus and Fastrack Eyecare; Indian dresswear with Taneira; fragrances and fashion accessories including Skinn, Titan belts and wallets, Fastrack bags and IRTH; as well as precision engineering components and automation solutions through its wholly owned subsidiary Titan Engineering & Automation Limited. Founded in 1984 with corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu, the company operates over 2,500 stores primarily in India across Tier I, II and III cities, with international presence in the GCC countries, USA and Southeast Asia through outlets like Tanishq in Dubai, Qatar and Oman. It targets urban youth, premium consumers and corporate clients with offerings in prescription glasses, sunglasses, contact lenses, eye testing services, corporate gifting, smartwatches, fitness trackers and components for automotive EV, aerospace, defence and medical sectors. Recent developments include the July 2025 agreement to acquire a 67% stake in Dubai-based Damas LLC's jewellery business for $283.2 million through its subsidiary Titan Holdings International FZCO, expected to close by January 2026 pending approvals and enhancing its GCC market position with synergies in retail networks and supply chain; full acquisition of the remaining stake in CaratLane in 2024, increasing ownership to nearly 100%; establishment of UAE step-down subsidiary Signature Jewellery Holding Limited in October 2025 to support the Damas transaction; and expansions with 150 new stores in smaller Indian cities alongside 25% export growth and investments in e-commerce and digital channels.