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Wednesday, 16th June 2004 (5976 views)

Tanishq, the jewellery and watch division of Tata-owned Titan Industries, is predicting a 35 per cent growth according to the Financial Express. <BR/><BR/>The chief operating officer of Tanishq, Harish Bhat, suggested that the company is expecting a turnover of around Rs 575 crore, compared to Rs425 crore in 2003. <BR/><BR/>In addition the company is also planning to open eight new Tanishq stores in the next 12 months, bringing the number of outlets to 75. <BR/><BR/>Many of the new franchisee-owned stores will be in shopping malls across the country as part of its new marketing strategy to move into smaller towns. <BR/><BR/>Tanishq also revealed it is planning to develop new products that will help increase its current market share.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2839908"/>

 

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