Retail
Titan aims to double jewellery business by FY30
Festive and wedding demand stays firm; Tanishq, Mia, CaratLane and Zoya each target distinct segments.
Meera Iyer, Retail correspondent··4 min read
Retail
Festive and wedding demand stays firm; Tanishq, Mia, CaratLane and Zoya each target distinct segments.
Meera Iyer, Retail correspondent··4 min read
Titan’s jewellery division aims to double its size by FY30, backed by healthy festive demand, a strong wedding calendar in November-December and continued store expansion in India and overseas. The company has seen sustained purchase intent in internal surveys and entered the festive period with confidence.
Tanishq remains the flagship while Mia and CaratLane court younger buyers and Zoya sits at the luxury end. International boutiques now number 20 across Singapore and the Middle East, with the 11th Los Angeles store recently opened. Domestic and export growth both support the doubling target.
A Tanishq counter in a Tier-1 mall sees higher ticket wedding sets moving alongside daily-wear studs, lifting average transaction value even when gold prices stay elevated. CaratLane’s lighter designs pull first-time buyers who later graduate to heavier jewellery.
Titan jewellery targets a doubling by FY30 on festive, wedding and overseas demand.
The push helps organised jewellers gain share from unorganised goldsmiths and pressures regional chains on design and trust. It squeezes pure online jewellery plays that lack try-on depth. Kalyan and others face a sharper premiumisation race.
Watch November-December wedding bookings and the next store-addition number for confirmation that the doubling path remains on track through FY27.
Filed under Retail·Meera Iyer
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