The jewellery retail chain arm of Titan Industries - Tanishq, is planning to set up around 15 showrooms in various parts of the country with an investment of Rs 150 - 200 crore in the next fiscal year.
The area of proposed showrooms would range from 3,000 sq ft to 20,000 sq ft, including four to five large showrooms spanning total area of over 8,000 sq ft each. The largest of the upcoming outlets would be a 20,000 sq ft showroom in Mumbai.
The company had recently launched its sixth showroom in Chennai, at Chromepet. With launch of the new showroom in Chennai, Tanishq retail chain presently has 123 exclusive boutiques in 76 cities. The new showroom in Chennai, of 4,000 sq ft, would provide a range of traditional Bengali jewellery, wedding jewellery in plain gold, diamonds, polki and kundan. The new showroom would also provide facilities including Karatmeter, a device to measure the purity of gold, for its customers.
Tanishq is a prominent jewellery brand of India and a division of Titan Industries. It pioneered the concept of branded jewellery and ornaments in India. Tanishq, India’s largest, most trusted and fastest growing jewellery brand, offers traditional as well as trendy designs in gold, diamond and platinum.
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