TITAN: OPEN TO ACQUIRING SMALLER WATCH BRANDS
Titan is open to acquiring smaller watch brands to strengthen its premium and luxury watch portfolio.
Management expects robust festive-season demand, supporting growth in the watches segment.
Titan has launched Vetra, a new watch-movement platform, aimed at strengthening its product and technology capabilities.
Potential acquisitions could broaden Titan’s presence across premium/luxury price segments and add differentiated brands to its portfolio.