Titan eyes double-digit growth in jewellery business in December quarter

With Dhanteras and Diwali around the corner, Titan is hopeful that its jewellery business will return to double-digit growth in the December quarter, backed by a spike in demand. In order to spur further demand, the firm has come up with several offers for customers, including 25 per cent discount on making charges.

The Bengaluru-headquartered company had earlier informed the stock exchanges its jewellery business grew 7 per cent in the second quarter of FY20, lower than the expected 12-13 per cent.

“The dip in Q2 was entirely led by July due to a sudden surge in gold rates. Also, the wedding