TIDCO's ₹10 cr Titan bet from 1984 now worth nearly ₹1 lakh crore
Tamil Nadu's TIDCO remains Titan's largest shareholder at 27.88%, with its 1984 seed capital compounding into a near-₹1 lakh crore stake as Titan scaled from quartz watches into Tanishq jewellery, eyewear and fragrances.
TIDCO's 1984 investment of ₹10 crore in Titan is now worth nearly ₹1 lakh crore, making the Tamil Nadu state body Titan's largest shareholder at 27.88%. Story traces Titan's rise from quartz watches to Tanishq, eyewear and fragrances.