Titan Industries began in 1984 as a joint venture between TATA Group and Tamil Nadu Development Corporation. Titan segmented the market and developed several sub-brands like Fastrack, Sonata, and Xylys. Titan has a diverse brand portfolio targeting various consumer segments with watches priced between Rs. 550 to Rs. 15,000. Some key sub-brands include Fastrack targeting youth, Titan for upper middle class, and Xylys for upwardly mobile professionals. Titan has also extended its brands into other product categories and launched new brands like Tanishq in jewelry.