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Titan Industries Ltd.

  • Area Req
    400 - 1000 Sq. Ft.
  • Investment Range
    Rs. 50lac - 1 Cr.
  • Franchise Outlets
    280
Business Details
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

Investment Details

Commenced Operations

Operations Commenced On1985

Franchising / Distribution Commenced On1981

Franchise Details
Units

Area400 - 1000 Sq. Ft.

Investment Rs. 50lac - 1 Cr.

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment - NA -

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement 400 - 1000 Sq. Ft.

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore

Is field assistance available for franchisee? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Life time Year

Is the term renewable? Yes

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