Titan got 27th rank in the list of Top 100 Global Luxury Companies.
New Delhi. Titan has become the world's fastest-growing fourth luxury company. The clock and jewelery making company has an average growth of 19.7 percent between 2014-15 and 2016-17. Tata Group, a government-owned company of Tamil Nadu Industrial Development Corporation (TIDCO), has been ranked 27th in the list of Top 100 Global Luxury Companies. According to Diloy India's partner Anil Talreja, faster growth in luxury sales has increased in India due to the rapid growth in other cities besides big metros. It also has the role of emerging a class of class which has not been included in the rich, but whose earnings are very high.
In the list prepared by Delo y, the top 100 companies in India have got place in the top 100. In the list, Kalyan Jewelers got 35th, PC Jeweler 40th, Joalakkas India Pvt Ltd got 47th and Tribhuvandas Bhimji Jhaveri got 87th rank. The report says that Titan Company's sales increased 23.6 percent in 2016-17. The company's retail sales have tremendously increased due to the reasons for new stores, new brand launch, better performance of online sales.
source : internet.