C K Venkataraman, MD, Titan On Rising Demand For Luxury Jewellery Segment &, Growth In FY25

C K Venkataraman, MD, Titan, discusses the surging luxury segment in watches and jewellery with Business Today TV's Sakshi Batra. He highlights the growing consumer desire for luxury items, predicting this demand will only intensify in the coming years. According to C K Venkataraman, Zoya, Titan's luxury brand, is strategically positioned to capitalize on this trend. Venkataraman elaborates on how this sector's trajectory is expected to evolve, foreseeing a significant boom in demand. He also discusses the opening of Zoya's 11th boutique, its first in Chennai, emphasizing that luxury in India is coming of age. Additionally, C K Venkataraman shares insights on Zoya's growth potential within Titan's portfolio, predicting that Zoya could grow at double the rate of Tanishq over the next decade, given its unique position in the luxury space. Titan MD says despite Zoya's current smaller size compared to Tanishq, its future is bright. The interview also touches on whether Zoya will venture into lab-grown diamonds, the outlook for the luxury market for men, and Zoya's expected performance in H2 FY25. Watch the full interview for more details.