With steady pre-bookings and upbeat consumer sentiment, the company anticipates a 10–15% rise in sales volume and up to 45% growth in value this Dhanteras

Titan Company reported a 19% year-on-year growth in revenue for the first quarter of FY26, buoyed by strong sales in its core domestic jewellery segment and a continued rise in gold prices. This marks a significant acceleration from the 9.3% growth reported in the same quarter last year

India's gold demand is expected to moderate in 2025 due to record-high prices, which are likely to reduce jewellery consumption despite strong investment interest, the World Gold Council (WGC) reported on Wednesday

The Indian gold jewellery industry is poised for significant growth in the financial year 2025 (FY25), with revenue expected to increase by 13-15%, according to a report by ICRA

A recent reduction in gold import duties—from 15% to 6% in the latest budget—has led to a remarkable 35-40% increase in sales for gold retailers across India. This dramatic shift has provided a much-needed boost to an industry that had been struggling with high prices and stagnant sales

Tanishq, a leading jewellery retailer under Titan Company and Tata Group, is anticipating significant developments in the upcoming budget regarding the rationalisation of duties on gold imports

The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations

Tanishq is bringing back its advanced booking option, which allows consumers to lock in the price of gold before auspicious occasions like the Akshaya Tritiya, due to the rising price of gold.

The company's business activities in India experienced a revenue rise of roughly 16% in the last quarter compared to the corresponding period in the preceding year.

The underlying demand continued to be strong across all of its businesses, with most segments posting Y-o-Y growth over a strong Q4 FY21 base

For the period from April 2021 to Feb 2022, import of gold accounted for 842.28 tonnes

The sharp rise in gold prices and the situation created by the pandemic and the new variants that keep cropping up are the reasons behind this move

The average import of gold in value terms during April-September 2021 was US$3992.34 million, an increase of around 40% versus FY 2017 to FY 2019

The ‘Pure Price Offer’, which can be availed from Sept 20 to Oct 6, will provide price protection to customers buying gold jewellery and bullion