Titan Company

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Titan Company Ltd.

Titan Company Latest Logo

Type Public

Industry Lifestyle

Founded 1984

Headquarters Bengaluru[1], India

Area served Worldwide

Key people  Vikram Kapur (Chairman)

 Bhaskar Bhat (Managing Director)

Products Watches, Jewellery, precision engineering, Bags,

Perfumes, belts, wallets and Eyewear

Revenue ₹119 billion (US$1.8 billion) (2015)[2]

Net income ₹8.00 billion (US$120 million) (2015)[2]

Number of 7,560 (2015) [3]

employees

Parent Tata Group

TIDCO
 Subsidiaries Skinn

Website www.titan.co.in

Titan Company Limited (earlier known as Titan Industries Limited) is an Indian luxury
goods company. It is a joint venture between the Tata Group and the Tamil Nadu Industrial
Development Corporation (TIDCO).
It commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan
diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In
2013, Titan entered the fragrances segment with the brand Skinn[4] and, later that year, it
ventured into the helmets category under its brand Fastrack.[5] Also, Titan announced recently
(during the last quarter of 2016) about launching a series of affordable Smartwatches under its
brands like Sonata and Fastrack soon.[6]
Today, Titan Company is Tata Group’s largest consumer company.[7]

Contents
[hide]

 1About the company

o 1.1Board of Directors/Senior Management[11]
o 1.2Subsidiaries
 2Awards
 3References
 4External links

About the company[edit]

The Titan Watch Project began with the signing of a joint venture of Tata Industries with the
Tamil Nadu Industrial Development Corporation (TIDCO) in June 1984. Titan Watches Ltd.
commenced production in the year 1986 and hit the market in March 1987 with its brand ‘Titan’.
In 1993, the name of the company was changed with effect from 21 September from Titan
Watches, Ltd. to Titan Industries Ltd., in view of the fact that the company's products consisted of
not only watches but also jewellery.[8] In 1994, Titan Industries Ltd. entered the jewellery segment
with a brand launch ‘Tanishq'. A brief joint venture with the American brand, Timex, between
1992 and 1998, focusing on market mass. Fastrack[9] – the youth watch and accessories brand
was launched in 2005. In the year 2011, Titan announced the acquisition of Swiss watch
maker Favre-Leuba [10] to enter into the European market.
Board of Directors/Senior Management[11][edit]

Position Personnel

Chairman Vikram Kapur[12]

Managing Director Bhaskar Bhat

Nominee N N Tata
Independent Director T K Balaji

Independent Director Vinita Bali

Independent Director Hema Ravichandar

Independent Director Das Narayan Das

Independent Director Ireena Vittal

Independent Director Ashwani Puri

Director Harish Bhat

Director Atulya Misra[13]

Director T K Arun

Company Secretary A R Rajaram

Subsidiaries[edit]
Subsidiary companies include Titan Time Products Limited and Favre-Leuba AG (FLAG).

Awards[edit]
Titan Company is awarded in many national and international forums for various activities and
categories.
Corporate

 Selected as Best Employer for National Award for the Empowerment of Persons with
Disabilities 2014 by the government of India[14]
 Titan ranked among the 100 most sustainable corporations in Asia in the Channel News Asia
Sustainability Ranking 2014[15]
 Top Indian Company award under the Gems and Jewellery Sector at the Dun & Bradstreet
Corporate awards, 2014[16]
 "Hall of Fame" award at 12th Franchisee Awards 2014 by Franchisee India[17]
Watches

 Award at the CII 24th Kaizen national awards for assembly casing team[18]
 Good Design Award 2014 by design Council of Japan for Skeletal Edge[19]
 "Best Product design of the year-Watches & Jewellery" award by Red Dot for Skeletal Edge
for 2014[20]
 Bronze medal at the Indian Effies Award for Fastrack[21]
Jewellery

 "Most Admired retailer of the year" award in Jewellery Category by Images Retail Awards.[22]
 Tanishq wins Global Awards for Excellence in Quality Management & Leadership by World
Quality Congress[23]
 Tanishq is the first Indian Brand to enter the list of top 30 Best Retail Brands in Asia Pacific
and stands at # 13 as per Interbrand[24]
Eyewear

 Award for Customer service excellence at Golden Globe Tigers Award[25]

 Gold & Silver Awards at TRRAIN(Trust for Retailers and Retail Associates of India) Retail
Awards[26]
 Gold Award in the Outdoor Advertising Convention 2014[27][28]
Precision engineering

 Hosur won three State Safety Awards announced by Tamil Nadu Government in 2013[29]