Titan Industries Ltd. is India’s largest watch manufacturer, with a market share of more than 60% in the organized watch market. It is also the market leader (35-40%) in the branded jewellery market. With India’s two most recognized and loved brands – Titan and Tanishq to its credit, Titan is a name that doesn’t need an introduction. It is an ace retailer of lifestyle products. The strong brand developed by it in watches, helped Titan make it big in other product extensions like jewellery & now in Titan Eye +. This strong brand is a moat (a sustainable competitive advantage) for the company.
- What will its moat of a strong brand do for its future?
- At its current price, what should be your investment decision?