Whalesbook
So, India aur European Union ke beech jo naya trade deal hua hai na, usse Titan Company ke liye ekdum mast mauka bana hai. Yeh deal October 2025 se hi लागू ho gayi hai, aur Swiss watches par import duty ab pehle se kam ho gayi hai. Reports ke hisaab se, pehle jo duty lagbhag 22% thi, woh ab 15% ho gayi hai. Titan ko lagta hai ki isse Swiss watches India mein aur bhi zyada competitive ho jayengi, local watches se bhi takkar lene ke liye.
Ab main target ki baat karte hain. Titan ka plan hai ki FY26 mein woh overall watch sales mein $1 billion ka figure cross kar jaye. Aur FY30 tak, yani agle paanch saal mein, isko $2 billion tak pahunchana hai! Is bade growth ke liye, company premium watches par zyada focus kar rahi hai aur apne Helios aur Helios Luxe stores ka expansion bhi kar rahi hai.
Company ke Chief Sales & Marketing Officer, Rahul Shukla, ne bhi confirm kiya hai ki premium segment hi growth ka main driver rahega. Woh anticipate karte hain ki is market mein sirf international players hi nahi, balki India ki companies aur private equity firms bhi entry maar rahi hain, kyunki watch category mein high growth potential hai. Titan abhi 4-5 Swiss brands ke saath collaborate kar raha hai aur aur bhi partnerships ki planning mein hai, taaki woh is badhti hui luxury market ka bada hissa capture kar sakein. Standard luxury segment generally ₹50,000 se upar ki watches ko cover karta hai.
Waise bhi, FY'25 mein Titan ka 'Watch & Wearable' segment ne kaafi strong performance dikhaya hai. Unhone ₹4,576 crore ka revenue generate kiya hai, jismein 17% se zyada ka growth hai. Especially unke Helios stores mein, ab ₹50,000 se upar wali watches unke business ka 50% se bhi zyada hissa ban gayi hain. Yeh sab figures dikhate hain ki consumer ki demand high-end watches ke liye badh rahi hai, aur Titan is trend ka fayda uthane ke liye poori tarah tayyar hai.