Titan Industries is the organization that brought about a paradigm shift in the Indian watch market when it introduced its futuristic quartz technology, complemented by international styling. With India's two most recognised and loved brands Titan and Tanishq to its credit, Titan Industries is the fifth largest integrated watch manufacturer in the world. The success story began in 1984 with a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation. Presenting Titan quartz watches that sported an international look, Titan Industries transformed the Indian watch market. After Sonata, a value brand of functionally styled watches at affordable prices, Titan Industries reached out to the youth segment with Fastrack, its third brand, trendy and chic. The company has sold 100 million watches world over and manufactures 11 million watches every year. With a license for premium fashion watches of global brands, Titan Industries repeated its pioneering act and brought international brands into Indian market. Tommy Hilfiger and Hugo Boss, as well as the Swiss made watch – Xylys owe their presence in Indian market to Titan Industries. Entering the largely fragmented Indian jewellery market with no known brands in 1995, Titan Industries launched Tanishq, India’s most trusted and fastest growing jewellery brand. Gold Plus, the later addition, focuses on the preferences of semi-urban and rural India. Completing the jewellery portfolio is Zoya, the latest retail chain in the luxury segment. Titan Industries has leveraged its manufacturing competencies and branched into precision engineering components and subassemblies, machine building and automation solutions, tooling solutions and electronic sub-assemblies in 2002. Titan Industries has also made its foray into prescription eyewear, launching the Titan Eye+ chain of world class optical stores in 2007. With over 500 retail stores across a carpet area of 6,60,000 sq. ft, Titan Industries has emerged as India’s largest retail network. The company has over 290 exclusive ‘World of Titan', Helios and Fastrack showrooms and 745 after-sales-service centers. Titan Industries is also the largest jewellery retailer in India with over 140 Tanishq boutiques, Zoya and Gold Plus stores and over 75 Titan Eye+ stores. Backed by over 4,300 employees, two exclusive design studios for watches and jewellery, over five manufacturing units, and innumerable admirers world over, Titan Industries continues to grow and sets new standards for innovation and quality. The organization is all geared to repeat the Titan and Tanishq success story with each new offering
Commenced Dates
Date Commenced Operations | 1984 |
Date Commenced Franchising / Distribution | 1986 |
Franchise DetailsUnits
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 2 Cr. - 5 Cr |
Expansion Locations
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh |
South | Kerala, Karnataka, Tamil Nadu, Andhra Pardesh |
East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
West | Gujarat, Rajasthan, Maharashtra, Goa |
Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | no |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | Depends on Retail Format |
Likely pay back period of capital for a unit franchise | Depends on Retail Format |
Other investment requirements |
Detailed operating manuals for franchisees | sye |
Where is franchisee training provided? | Corporate Office, Bangalore |
Is field assistance available for franchisee? | yse |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | yes |
What IT systems do you presently have that will be included in the franchise? | yes |
Type of property required for this franchise opportunity | Depends on Retail Format |
Floor area requirement | Depends on Retail Format |
Preferred location of unit franchised outlet | Highstreet/Mall |
Do you have a standard franchise agreement? | yes |
How long is the franchise term for? | 9 years |
Is the term renewable? | yes |
Category : Fashion Accessories
Area Req :
Franchise Outlets : 469
Investment: Rs. 2 Cr - Rs. 5 Cr