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India Inc steps up ...

Financial Express Chennai

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October 13, 2025

TITAN IS ALSO expanding its footprint in the region. In July,it acquired a 67% stake in Dubaibased Damas for ₹2,483 crore.

Damas, with 146 stores across the region, will continue catering to Arab consumers, while Tanishq will target the Indian diaspora, Chawla said. The company currently operates 13 Tanishq stores in the region. Reliance Consumer, is also expanding in the Gulf following its partnership with Abu Dhabibased Agthia Group earlier this year to distribute Campa Cola.

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