Titan weighs shifting some manufacturing to Gulf to dodge US-India tariff escalation

Titan is considering relocating part of its manufacturing to the Gulf to preserve low-tariff access to the US market amid escalating US-India trade tensions. The move would leverage its planned acquisition of Dubai luxury retailer Damas and the UAE's lower tariff rate.

— Filed Mon, 29 Jun, 2026, 23:19 IST · Source ET Retail · Updated

Titan is weighing shifting some manufacturing to the Gulf to retain low-tariff US market access amid US-India trade tensions, leveraging its planned acquisition of Dubai luxury retailer Damas and the UAE's lower tariff rate.

Why this matters

Follows Titan's Q4 FY26 net profit jump of 35% to Rs 1,179 crore and FY26 income of ₹76,078 cr (up 33%), with Tanishq driving jewellery growth. Gulf shift signals supply-chain strategy amid trade pressure.

Retail-company theme accelerating, up 418100% QoQ.