Hyderabad, 20th May 2022: Titan Company Limited announces a grand launch of multiple brand outlets across Hyderabad on 19th & 20th May 2022. With the objective to delight customers with enhanced shopping experience and cater to larger customer base, the expansive 14 brand outlets across jewellery, watches, eye care and ethnic wear were inaugurated by Mr. C K Venkataraman, MD, Titan Company Limited. As a part of the grand inauguration, each brand is offering exciting discounts for a limited period only.
The retail outlets, upgraded with COVID Safety Protocol as per new guidelines, are spanned at prominent locations in Hyderabad such as Kondapur (Taneira), Attapur (Tanishq), Secunderabad (Titan World & Helios), Himayatnagar (Titan World, Helios & Mia), Punjagutta (Titan Eye+ & Mia), Dilshuknagar (Tanishq, Titan Eye+, Mia, Titan World, Helios) and Inorbit (Titan World & Helios).
As a part of the growth strategy, Titan has unveiled massive expansion plans in Hyderabad across all its 9 retail formats- Tanishq, Mia, Zoya, Caratlane, Fastrack, Titan World, Helios, Titan Eye + and Taneira. With the addition of new stores, the total number of stores in Hyderabad turns up to 109 and Titan plans on adding 31 new stores across formats in Hyderabad, this year. Titan has been expanding its offerings under Jewellery division led by Tanishq, Mia, Zoya, Caratlane by revamping and expanding existing format stores into large format stores across the country.
Speaking on the inauguration, Mr. C K Venkataraman, MD, Titan Company Limited said, “we are thrilled to announce the first ever launch of 14 brand outlets in Hyderabad. This is a testament to the fact that Hyderabad is a very significant market for us. While we have big expansion plans in Hyderabad across all categories and verticals, our continued efforts to provide the world class retail shopping experience and offerings to our esteemed customers will serve as a key differentiator. The new large format stores cater to a wide range of products with superlative designs for varied occasions to suit diverse tastes and preferences of customers. It is our constant endeavour to innovate and stay at par in providing the best in class offerings to our customers’’
Titan Company Limited (“Titan”), a joint venture between the Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO), commenced its operations in 1987 under the name Titan Watches Limited. In 1994, Titan diversified into Jewellery (Tanishq) and subsequently into Eyewear. Over the last three decades, Titan has expanded into underpenetrated markets and created lifestyle brands across different product categories including fragrances (SKINN), accessories and Indian dress wear (Taneira). Titan is widely known for transforming the watch and jewellery industry in India and for shaping India’s retail market by pioneering experiential retail. Titan recorded a standalone income of around INR 27,200 crore for the year ended 31st March 2022.