Tata Group’s renowned jewelery brand Tanishq plans to set up around 45-50 new stores during the current financial year, including seven to be opened in Tamil Nadu. A company official gave this information on Friday.
Vijesh Rajan, Head of Retail, Tanishq-Titan Company, said that with the shift towards organized jewelery stores by the customers, the company is looking to expand the existing 385 stores and open 45-50 new stores across 220 cities across the country. Investing heavily for
Responding to a question about the Tamil Nadu market, Rajan said that the state contributed 10 per cent to the company’s total revenue and considering this, Tanishq has expanded its portfolio in various cities and tier-II cities during the current financial year. There are plans to open more stores in
On another question asked about the market situation post COVID-19, he said that the company is seeing growth in the last few months.