STARTUP LEGAL18 Sept 2026
Titan steps up mechanical watchmaking, targets 25% share above ₹25,000 | Company Business News
Titan is expanding its mechanical watchmaking, aiming for a 25% share of India's premium watch market above ₹25,000. It launched the Vetra 7 movement and Titan Automatics priced at ₹48,000-55,000. This matters if you sell or buy watches, since more Indian-made movements may reach shops at accessible prices. Watch this space and review your premium stock.
Key Statutory Highlights
- Titan's watches business reported total income of ₹1,543 crore in the June quarter, up 21% from ₹1,273 crore a year earlier.
- Titan makes about 20 million watches a year, most of them quartz, and plans Japanese-style high-volume automation for mechanical watches.
- Titan still imports some components such as the hairspring, and has developed its horologists in-house rather than hiring from outside.
Actionable Advice for Taxpayers / Founders:If you deal in premium watches, review your product range and supplier mix, and keep an eye on Titan's mechanical launches before placing large orders.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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