Premium and luxury segments becoming more prominent in India: Titan CFO

Sonthalia says that the company is aiming for margin optimisation through cost control and growth through international expansion and product diversification

Ashok Sonthalia, chief financial officer, Titan Company
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Ashok Sonthalia, chief financial officer, Titan Company

Aneeka Chatterjee

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Titan Company is anticipating continued dominance in the jewellery sector due to its substantial size. Chief Financial Officer Ashok Sonthalia tells Aneeka Chatterjee in a video interview that the company is aiming for margin optimisation through cost control and growth through international expansion and product diversification. Edited excerpts:

Which business segments will drive growth in the coming quarters?
 
The size of each business is different. Jewellery is the largest industry with Rs 5 lakh crore vis-a-vis watches or eye care, which would be around Rs 10,000 or Rs 20,000 crore. Jewellery will continue to be the primary driver

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First Published: Feb 13 2024 | 6:09 PM IST

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