Program aims to educate young consumers about mined stones’ positive qualities.
Jewelry division climbed 18% year on year in second quarter.
The world’s largest manufacturing center is relatively upbeat about the domestic jewelry market ahead of Diwali, but it is less optimistic about global prospects.
Titan Company’s diamond-sourcing costs have jumped in the past eight months, prompting the Indian retailer to pass price increases on to shoppers, its top jewelry executive said.
Indian jeweler Titan Company’s sales and profit soared in the first fiscal quarter, buoyed by strong holiday demand and a gap between two periods of Covid-19 disruptions.
Jewelry revenue at Indian retailer up 207% in first fiscal quarter.