Tanishq

Ajoy Chawla, CEO, Jewellery Division, Titan Company, said the goal is to give consumer confidence and also to grow the diamond market

Dhanteras 2024: Quick commerce platforms are offering 10-min delivery of gold from major jewellers including Tanishq and Malabar amid the festive rush

This has also caused India to replace China as the second-largest market in the world for natural diamond jewellery

Titan Company on Saturday said it is launching its jewellery brand Tanishq in Bangladesh as part of expansion plans in the international market. On Friday, the Tata Group-managed firm signed a JV agreement to this effect with Rhythm Group which will make Tanishq available across the Bangladesh market, according to a joint statement. The joint venture will commence with the opening of the manufacturing facility in Narayanganj, in Bangladesh, it added. Besides the domestic market, Titan is expanding Tanishq's presence in the international market and operates 17 stores across the UAE, US, Qatar, Singapore and Oman. Its watch business has a presence in SAARC, MENA (Middle East and North Africa), Southeast Asian regions. In the last few years, it has focused on growing its flagship jewellery brand Tanishq overseas. Rhythm Group is a prominent entity in Bangladesh that was established in 1972 to produce desi textile fabrics and since then it has expanded into several verticals. Through

Tata Group's Titan Company Ltd has drawn up aggressive expansion plans across its various brand verticals, especially jewellery vertical Tanishq and saree label Taneira this year, a top official said. The company is also planning to launch its exclusive ladies' handbag brand store 'Earth' sometime later this year, Titan's Managing Director C K Venkataraman said. Titan is a joint venture between the diversified conglomerate Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO). Venkataraman was talking to reporters after unveiling one of the company's Helios watch stores along with the 59th jewellery store Tanishq and the 7th Taniera store at Pondy Bazaar, here. Taniera offers the best of Indian sarees under one roof. It offers handcrafted sarees along with a range of ready to wear blouses, kurtas, short tops among others, the press release said. The launch of the new brand outlets today marks a significant milestone in Titan's ongoing commitment towards aggressiv

Store additions also looked healthy, with 21 net new Tanishq stores opened in Q3, taking the total Tanishq count to 466 (+43 in 9 months of FY24)

Tanishq, an Indian jewellery brand, has opened its store here and in Frisco as part of its global business expansion strategy and to cater to the growing needs of the Indian diaspora in the US. The US state of Texas, with the second largest Indian Diaspora, is now home to two of Tanishq's stores, one in Houston and the other in Frisco, near Dallas. At the inaugural event, the Consul General of India in Houston, DC Manjunath was the Chief Guest. He was joined by CK Venkataraman, Managing Director, Titan Company Limited, Kuruvilla Markose, CEO of Titan International business and Michael McCabe, Resident Director, North America, Tata Sons. The brand is owned by The Tata Group, a Mumbai-based multinational conglomerate. Delighted to see that Tanishq, Tata company's jewellery arm opened its 2 new stores in Texas; Houston & Frisco, thus enhancing India-US connection, Consul General Manjunath told PTI. Tanishq spells beauty with elegance, style with tradition, on the solid principles of

Tanishq, a jewellery brand from the Tata Group, plans to have 50 boutiques globally over the long term, said Kuruvilla Markose, the CEO of Titan Company which manages the brand business, as it opened a boutique here on Saturday. Currently, Titan has 13 boutiques in the international market and is constantly scouting for new sites to serve some 32 million global Indian diasporas, he said. Long-term plan is to have 50 boutiques globally, and the company is planning such retail outlets in the United Kingdom, Australia and Malaysia, Markose said at the inauguration of the brand's first boutique in Singapore. Indian High Commissioner to Singapore Dr. Shilpak Ambule inaugurated the boutique in Singapore's Little India precinct, welcoming one of the renowned brands which will be entering the South East Asian markets through the city-state. As a true Tata brand, it lives the values of giving back, by protecting and promoting the ageless craftsmanship of Indian jewellery making, said K V Ra

Tata Group's Titan Company plans to open nine new stores of its jewellery brand Tanishq in Gujarat in the coming months, taking the number of stores to 28 in the state by the end of this fiscal, a top company official said here on Friday. Moreover, the company is also planning to expand its overseas presence by opening international stores in countries including the United States and Australia in the near future, said C K Venkataraman, Managing Director of Titan Company Ltd. "We currently have 19 Tanishq jewellery stores in Gujarat. By the end of the financial year 2023-24 in March, we will add nine more stores in different cities of the state and take the tally to 28," said Venkataraman while talking to reporters after the re-launch of a Tanishq store in Shivranjani area of the city on Friday. New stores would come up in cities like Ahmedabad, Gandhinagar, Surat, Bhuj, Valsad and a few in Saurashtra region, said the Titan MD. To cater to the Indian diaspora living in other countri

As AI assumes greater significance in our lives, its deployment in offline retail will only become bigger

A month after opening its first American outlet, Tanishq, India's leading jewelry retail brand from the house of Tata, feels that the United States offers huge opportunities for not only itself but also for other Indian retail brands as well. This is mainly attributed to the large presence of Indian Diaspora in the country, who are among the highest per-capita income, but also because of the interest in India, its culture and products among the Americans. "The opportunity is huge. Just from an Indian diaspora perspective, a South Asian diaspora perspective, and then even beyond that, the opportunity is huge. If you just focus on, let's say the Indian diaspora part, the people here, and that is an important part of our decision to enter here, said Amrit Pal Singh, business head- North America, Titan Company that runs the chain of jewelry stores in both India and overseas under the brand of Tanishq. Before entering the US market, Tanishq spent two years in studying the North American

The firm currently sees 26 per cent of its revenue come from diamond-studded jewellery

Menendez said the arrival of Tanishq at this popular Indian shopping destination is significant and different from others

India's expected surge of rich consumers is driving the jewelry unit of Indian conglomerate Tata Group to triple its Zoya-branded stores by 2027

Expects 15-20 per cent higher sales in this festive season

With customers moving to organised jewellery shops, the company was making huge investment to open 45-50 new stores across the country to add to the existing 385 stores present in 220 cities

The other positives are lower gold prices, higher festive and wedding season sales, and market share gains

But those seeking greater safety should stick to SGBs or gold ETFs

In a Q&A, the CEO of Titan's Watches and Wearables Division says the firm is betting big on smartwatches, eyeing 10-15% revenue from the segment the next few years

Industry admits that price hikes are imminent but say they will make judicious decision for customers