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• Tanishq a prominent jewelry brand of India.
• It pioneered the concept of branded jewelry and ornaments in India.
• It is a division of Titan Company Limited, a company promoted by
the Tata Group, one of India's largest conglomerates, in collaboration
with the Tamil Nadu Industrial Development Corporation (TIDCO).
• The Tanishq saga began in the early 1990's (1994), primarily fuelled
by the fabled Tata entrepreneurial spirit and partly forced by
circumstance.
Why Tata entered in Jewelry business?
• It was in early 1990’s when Tata (Titan) needed foreign currency to
purchase imported components and machines from Europe &
America for their watches. But due foreign exchange crisis, there was
no help coming for them.
• Then Tata decided to foray into such business which will earn them
foreign currency for their other business, then they decided to enter
into jewellery business.
• Indian-made jewellery was already a big foreign currency earner and
being strongly supported by the central government, Indian jewellery
had good demand in Europe and America.

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Tanishq ppt

  • 1.
  • 2. • Tanishq a prominent jewelry brand of India. • It pioneered the concept of branded jewelry and ornaments in India. • It is a division of Titan Company Limited, a company promoted by the Tata Group, one of India's largest conglomerates, in collaboration with the Tamil Nadu Industrial Development Corporation (TIDCO). • The Tanishq saga began in the early 1990's (1994), primarily fuelled by the fabled Tata entrepreneurial spirit and partly forced by circumstance.
  • 3. Why Tata entered in Jewelry business? • It was in early 1990’s when Tata (Titan) needed foreign currency to purchase imported components and machines from Europe & America for their watches. But due foreign exchange crisis, there was no help coming for them. • Then Tata decided to foray into such business which will earn them foreign currency for their other business, then they decided to enter into jewellery business. • Indian-made jewellery was already a big foreign currency earner and being strongly supported by the central government, Indian jewellery had good demand in Europe and America.