Diamond jewellery contribution to touch 30% over 2-3 years: Titan

As Indians' preference for gold jewellery continues to remain strong, Titan Industries, which sees over 80 per cent of its revenue come from Tanishq, says it expects to see the contribution from diamond jewellery go up to 30 per cent over the next two to three years.  

The firm currently sees 26 per cent of its revenue come from diamond-studded jewellery.

“Titan saw its total income from the jewellery division increase by 11.2 per cent in the December quarter. The company saw demand pick up in January,” Ashok Sonthalia, chief financial officer, Titan Industries, told Business Standard.

Sonthalia said the