Titan eyes ₹500 cr Zoya by FY27, prioritises brand-building over rapid scale
Titan expects luxury jewellery brand Zoya to hit ₹500 crore revenue by FY27 but is in no hurry to scale, putting brand-building ahead of expansion. MD Venkataraman flagged the GST rate cut as supportive for jewellery and watch demand, with Tanishq staying the flagship growth engine.
Titan expects luxury jewellery brand Zoya to reach ₹500 crore revenue by FY27 but won't rush scaling, prioritising brand-building over expansion. MD Venkataraman also flagged GST rate cut as supportive for jewellery and watches consumption, with Tanishq remaining flagship growth engine.
Why this matters
Zoya signals Titan's measured push into luxury jewellery, deliberately favouring brand equity over volume while Tanishq drives mainstream growth and a GST cut lifts category demand.
Retail-brand activity steady with 2073 signals over the last 90 days.