Introduction of Company
Tata Company Limited,
established in the year 1984, is a joint venture between TATA Group and Tamil
Nadu Industrial Development Corporation (TIDCO). It is the world’s fifth
largest watch manufacturer. The company is divided in four main divisions-
watches, jewellery, eyewear and precision engineering; in which jewellery
accounts for its major chunk of revenue i.e. 79%. It has recently entered into
the business of fragrances and accessories. Titan has four subsidiaries as on
31st March 2015, namely Titan Time Products Ltd., Favre Leuba AG,
Titan Watch Company Limited and Titan Engineering and Automation Limited. The
company has a culture of innovation and they carry it through Innovation
Bazaar, Interweave, Tata Innoverse, Innovation Centre and Titan Innovation Hub.
Titan is also selected as Best Employer for "National Award for the
Empowerment of Persons with Disabilities - 2014" by Government of India.
