Titan's Chawla moves to defuse 90% jewellery dependence as ₹30,000 cr wiped in stock rout
MD Ajoy Chawla is rewiring Titan beyond Tanishq, scaling watches (₹5,267 cr, 15-16% Ebit), eyewear (₹916 cr vs Lenskart's ₹8,800 cr), Skinn fragrances, IRTH handbags and Taneira ethnic wear—after gold tariff shock and PM's gold caution triggered a 7% crash.
Titan MD Ajoy Chawla pivots beyond jewellery into watches, eyewear and ethnic wear after a 7% stock crash wiped ₹30,000 cr in market cap.
Mint · 5/25/2026, 11:36:34 AM · Ask about this →