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We hosted Mr C K Venkataraman, Managing Director of Titan Company Ltd., for a discussion on the near-term and long-term prospects of the business. Here are the key takeaways:
After reporting 15% growth in the festive season versus the comparable period last year, wedding demand is also healthy, as expected.
Additionally, demand is being boosted by the dearth of other discretionary consumption opportunities, especially travel and tourism related.
Investment demand is also healthy as people prefer to park their money in tangible and relatively safe assets in times of crisis.
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