28 Mar 2023
DiamondWorld Directory
-
Home |
News
Home
Tanishq jewellery to be exported to Singapore, Dubai
The company seeks global markets to sustain the gold import norms of the government
By: Diamond World News Service
|
Mar 10 2014 2:50PM
|
Reference: 8929  

DecreaseIncrease
Titan Company plans to export its gold jewellery to global retailers like Dubai’s Damas and Mustafa in Singapore, reports say. The company is a major entity in lifestyle and jewellery segment.

The company previously had dimmed its gold export business owing to growth in domestic market and thin margins in exports, reports add. But this step to export to global majors follows the gold import norms of 80:20 set by the Reserve Bank of India, requiring retailers/merchants to re-export 20 percent of their gold imports prior to placing new orders. Along with this, the rise in gold import duty has caused demand to weaken in the domestic market.

Tanishq jewellery, the retail jewellery brand from Titan will be exported to global markets. This will include both gold and diamond jewellery, as per reports.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2023
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 33143
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 10756
GJEPC Chairman Interview
Views: 29199
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 40582
Promo for IJ Awards 2012 at NDTV Profit
Views: 58166
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 69848
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22489
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 51747
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 54328
Advertisement
DW News App
Member of:
Supporter of: