The FY 2022-23 Annual Report highlighted the numerous advantages Titan Company possesses, which are crucial to the realization of this vision. It's important to reiterate these benefits:
❖ The households in the top two income classes in India from whom your Company derives most of its business, are expected to double their share within the total number of households by 2030: there is a strong tailwind in place.
❖ The market share of most of our businesses/brands in their respective categories is low and this provides significant headroom for share gain: this will provide a second tailwind effect
❖ Bharat continues to provide a large opportunity, driven by the aspirations of hundreds of millions living in small-town India.
❖ Our brand assets, our all-round capabilities and the passion and power of the large Titan family are unmatched.
❖ Our customer relationships are deep and wide. Our digital maturity will continue to capitalise on these.
