How Titan Company’s expansion plans may impact its margins

Titan Company Limited, an Indian listed entity, is primarily engaged in the manufacturing and selling of jewellery and has also penetrated into segments such as watches, eyewear, sarees, Indian wear and accessories & products. As of the end of Q1 FY23, it had 2,303 stores with a total retail area of more than 2.9 million sqft under operations, with a presence in 366 towns, 10 manufacturing and assembly facilities and around 9,500 employees.

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