 "Titan, Titan watch, titan jewellery, Titan q2")
In a bid to focus on its core businesses, retail behemoth Titan said it will end its five year old joint venture with luxury goods maker Montblanc. The Bengaluru-based jewellery-to-watch manufacturer said its decision to exit the JV was driven by the company’s consolidation strategy to focus on its primary business and proprietary brands. With this, the Germany-headquartered company will now have a wholly-owned subsidiary in India.
Analysts see this move as a positive for Titan. “It will allow Titan to focus on its core business and improve profitability. India is a mass market and premium products will remain niche
