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Titan Has Big Store Addition Plans As It Aims To Take Its Market Share To 10%
By CNBCTV18.com Titan CFO Ashok Sonthalia reveals aggressive store expansion plans in an interaction with CNBC-TV18. Buy / Sell Titan Company share TRADE Titan has set an ambitious long-term goal: to grow its jewellery business 2.5 times and take its market share to double digits. As part of its vision for the year ending March 2027, Titan is hopeful of taking its market share closer to 10 percent given the long-term growth trend in its jewellery business, CFO Ashok Sonthalia told CNBC-TV18. "I must remind you that the third quarter (October-December) last year was very strong, with some spillover and pent up (demand) — all sorts of things because of the disruption of COVID. And we are very happy about that," Sonthalia said. Titan is confident of achieving its target of opening 35 new Tanishq stores as well as expand the existing ones this year. #titan Source:- CNBCTV18
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