goods founded 1984 headquarters bengaluru 1 india area served global key people bhaskar bhat md products watches jewellery precision engineering bags perfumes belts wallets and eyewear revenue 119 billion us 1.8 billion 2015 2 net income 8.00 billion us 120 million 2015 2 number of employees 7 560 2015 3 parent tata group tidco website www.titan.co.in titan company limited earlier known as titan industries limited is a joint venture between the tata group and the tamil nadu industrial development corporation tidco which commenced operations in 1984 under the name titan watches limited . titan has diversified into other consumer products including jewellery with tanishq eyewear with titan eyeplus fragrances with skinn helmets with fastrack . today titan company is tata group s largest consumer company and india s leading producer and retailer of watches jewellery and eyewear . citation needed contents 1 company history 2 products 2.1 watches 2.2 precision engineering 2.3 jewellery division 2.4 fragrances 2.5 eyewear division 3 corporate identity 3.1 senior management 4 awards and recognition 5 references 6 external links company history edit logo used until 2013 titan was established in the year 1984 1 becoming the third indian watch manufacturer after hmt and allwyn . titan formed a joint venture with timex group which lasted until 1998 to set up a distribution network across india . titan is the fifth largest watch manufacturer in the world . citation needed xerxes desai was the first managing director of titan and played an important role in laying the foundation of the company after he suggested the idea of watch making to j.r.d. tata . 4 titan industries ltd. has now become titan company ltd. it is owned and managed by tata and tidco . products edit the company is divided into four divisions watches and accessories jewellery eyewear and precision engineering . 5 the largest manufacturing unit of titan is located at hosur tamil nadu . watches edit titan watches account for more than 60 % share of the total indian market and are also sold in about 32 countries through marketing subsidiaries based in london aden dubai and singapore . 1 titan offers various brands including steel regalia raga nebula sonata fastrack zoop orion purple obaku automatic tycoon bandhan police octane and the htse series . titan has claimed to have manufactured the world s slimmest wrist watch branded as titan edge with a total thickness of 3.5 mm and a movement of 1.15 mm . 6 in july 2011 titan launched the high technology self energizer htse collection of watches which run on light . 7 according to titan these watches can be charged with as low as 200 lux of light which makes them chargeable with light even from a candle . 7 on 16 november 2011 titan industries acquired swiss watch maker favre leuba for euro 2 million . 8 precision engineering edit precision engineering division of titan was started in 2002 to manufacture parts for automotive and aerospace industries . the division s products span precision engineering components and sub assemblies machine building & automation solutions tooling solutions and electronic sub assemblies . additionally the division catering to the aerospace segment is as 9100b certified and the unit catering to the automotive segment is ts 16949 certified . the unit has recently been selected for the national aerospace and defense contractors accreditation programme for its non destructive testing capabilities . jewellery division edit titan manufactures jewellery and sells it through three types of stores based on the segment of the society they target at tanishq zoya and goldplus . the name tanishq has been derived from ta the first two letters of tata and nishk or nishkh meaning gold coin or necklace in sanskrit . 9 tanishq is one of india s largest brands in india . fragrances edit in september 2013 titan unveiled the everyday french luxury perfume line skinn . they have three masculine and three feminine fragrances . eyewear division edit titan eyeplus the third major line of consumer business division from titan ventured into the eyewear category in march 2007 . the move was an initiative to re define the industry and straddle the marketplace with exacting quality standards unparalleled in india s prescription eyewear industry . benchmarked against the best in the world titan eyeplus heralds standardization in the eyewear industry . titan eyeplus following the tata s principles of quality and trust offers international quality standards enhanced by practices such as transparency in pricing contemporary design and styling in the highly fragmented and undifferentiated indian optical retail segment . at present titan eyeplus has over 335 stores operating across 143 cities . corporate identity edit after 25 years titan industries ltd. changed its name to titan company ltd. in august 2013 to more closely reflect the range of lifestyle products the company sells and plans to sell . it also unveiled a new logo at this time . 10 senior management edit mr. bhaskar bhat managing director . he assumed the position of managing director of titan company limited on 1 april 2002 . mr. c k venkataraman chief executive officer jewellery mr. s ravi kant chief executive officer watches and accessories & evp corporate communications mr. ronnie talati chief executive officer eyewear mr. ajoy chawla chief strategy officer mr. s subramaniam chief financial officer & head of it function mr. rajnarayan chief human resource officer mr. sandeep kulhalli senior vice president retail & marketing tanishq mr. c srinivasan vice president chief sales & retail officer mr. a r rajaram head legal & company secretary awards and recognition edit according to the brand trust report 2012 published by trust research advisory a brand analytics company titan company ltd. was positioned 12th among india s most trusted brands . subsequently in brand trust report 2013 and also in the brand trust report 2014 titan company ltd. was rated 21st among india s most trusted brands . 11 references edit a b c company profile . tata group . a b titan company ltd titan nsi financials ft.com . markets.ft.com . retrieved 7 august 2014 . titan company ltd titan nsi profile ft.com . markets.ft.com . retrieved 7 august 2014 . xerxes desai the man behind titan s success . rediff . retrieved 2016 07 03 . titan company profile . tata sons ltd. retrieved 14 march 2014 . titan launches edge the slimmest watch in the universe press release . titan industries . 21 may 2002 . retrieved 4 august 2006 . a b tata.com . tata group titan industries media releases titan industries new technological marvel htse . tata.com . retrieved 7 august 2014 . titan acquires favre leuba . 16 november 2011 . retrieved 16 november 2011 . wipo arbitration and mediation center . titan industries limited v. tanishq corporation . caseno . d2000 1793 . retrieved 26 september 2006 . titan unveils new logo changes name . mint . 28 august 2013 . retrieved 30 january 2014 . india s most trusted brands . external links edit titan homepage titan watches india v t e tata group divisions and subsidiaries crom the indian hotels company gateway ginger taj hotels resorts and palaces tajair tata advanced systems tata business support services tata chemicals british salt tata chemicals europe tata chemicals magadi tata communications vsnl international canada tata consultancy services cmc tata research development and design centre tata elxsi tata global beverages eight o clock coffee good earth tea tata coffee tetley tata housing development company tata interactive systems tata investment corp tata motors jaguar land rover tata daewoo tata hispano tata power tata power sed tata steel tata steel europe tayo rolls tata technologies tata teleservices titan industries tanishq trent star bazaar westside voltas tatacliq.com joint ventures airasia india 41 % tata aia 74 % tata aig 74 % tata mcgraw hill vistara 51 % tata sky 80 % tata starbucks 50 % tata docomo 74 % virgin mobile india 74 % telcon construction solutions 40 % shareholdings piaggio aero 33.3 % people jamsetji tata ratanji dadabhoy r gopalakrishnan dorabji tata nowroji saklatwala j. r. d. tata ratan tata pallonji mistry surya kant cyrus pallonji mistry jamshed jiji irani noel tata r. k. krishna kumar other bombay house tata centre tata dhan academy tata family tata football academy tata management training centre tata sons tcs amsterdam marathon tcs nyc marathon category retrieved from https en.wikipedia.org w index.php title titan company & oldid 744127321 categories tata groupwatchmaking conglomeratesindian jewelry designerscompanies established in 1987companies listed on the bombay stock exchangecompanies listed on the national stock exchange of indiawatch brandsindian brandshidden categories engvarb from january 2014use dmy dates from january 2014pages using infobox company with unsupported parametersall articles with unsourced statementsarticles with unsourced statements from october 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 13 october 2016 at 08 30 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view