NSE:TITAN management interview: Inside Titan’s ₹1 Lakh Crore Vision | MD Ajoy Chawla Exclusive
CNBC-TV18, 2026-05-03. Video: https://www.youtube.com/watch?v=XbRkkYLRxqw
- Long-term growth targets: Titan aims to sustain double-digit top-line growth in the 15% to 20% range as it prepares its FY30 ambition, building on a six-year CAGR of 24% in top line and 22% in bottom line.
- Jewellery retail expansion: The company sees potential to scale its jewellery network to 2,000 stores over the next 4 to 5 years by enlarging store formats and deepening penetration across more than 500 middle-India towns.
- International business outlook: Middle East and North American operations currently contribute about 4% to 4.5% of revenue, with management viewing a $1 billion international revenue target by 2030 as a viable aspiration via Tanishq and Damas.
- New category scaling: Titan projects a 20% to 25% CAGR in eyewear and expects TEAL and Damas to each reach around half a billion dollars in 4 to 5 years, while rolling out 8 to 10 pilot stores for its lab-grown diamond brand Beyond.