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Analysis of Companies. AkankshaNijai
Analysis of Companies. AkankshaNijai
4 Organizational structure. 5
5 Head office of the company. 6
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ORGANIZATIONAL STRUCTURE
Nestlé’s Board of Directors is highly structured to ensure a high degree of diversity by age,
gender, education/qualifications, professional background, present activity, sector expertise,
special skills (classification), nationality and geography.
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Xerxes Desai laid down the foundations for this modern-day retail
giant with Tata Sons in 1984. Titan was initially started as a watch
company that focused on attracting customers through its unique
thin watch designs. Later, the company diversified to include several
other products such as Jewellery and eyewear in their portfolio.
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In 2007, Titan Industries forayed into the fashion accessories industry with the launch
of sunglasses. It introduced Titan Eye Plus that makes frames, contact lenses,
prescription eyewear, and sunglasses. The division accounted for ₹415 crore in FY 2016-17
maintaining a stable growth of 8%.
Xerxes Desai started the brand Tanishq in 1995. Zoya was launched in the luxury segment, while
Mia, a sub-brand was under Tanishq for work-wear jewellery. Titan's total revenue grew 20.44%
in 2017-18 to ₹15,656 crore, of which jewellery sales fetched ₹13,036 crore. In 2016, Titan
invested in CaratLane. As of 2022, Titan has a 6% market share in India's jewellery market.
In 2013, Titan launched six variants of perfume in the Indian perfume market under the brand
name ‘Skinn’. They collaborated with world-renowned perfumers including Alberto Morillas and
Olivier Pescheux.
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ORGANIZATIONAL STUCTURE
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