Titan, a joint venture between the Tata Group and the Tamilnadu Industrial Development Corporation (TIDCO), aspires to be a Rs 1,000,000 Crore company within the next five years. To accomplish this, the lifestyle company intends to hire over 3,000 people from a variety of backgrounds, primarily at the mid-to-senior levels. Individuals with deep domain expertise will be prioritised in order to explore new avenues.
Engineering, design, luxury, digital, data analytics/science, marketing, and sales will all be filled. Engineer positions, in particular, are expected to grow by at least 50% over the next 2-3 years.
The company hopes to expand its presence in the premium and luxury segments by hiring individuals with cutting-edge skill sets such as data analytics, cybersecurity, product management, and digital marketing. This is consistent with its strategy of deepening expertise through a combination of building, borrowing, and purchasing.
Titan is also interested in international hires, with a particular focus on the GCC market. Over the next five years, the company intends to increase its international workforce by 10%. It expects to create 150-200 new positions in the GCC market alone over the next 2-3 years.
While 60 percent of Titan’s employees are currently based in metros and 40 percent in Tier 2 and 3 cities, the company intends to expand its presence in emerging markets and leverage local talent to encourage regional employment.
Titan is actively seeking a diverse and talented workforce in accordance with its commitment to diversity and inclusion. Titan Company’s head of HR-corporate and retail, Priya Mathilakath Pillai, emphasises that the aggressive hiring strategy reflects the company’s commitment to bringing in experts from various fields, both young and experienced. Titan’s position in the industry is expected to be strengthened as a result of this strategy, which is expected to accelerate growth and innovation.
Notably, women made up 40% of new hires in the first quarter of fiscal year 2024. Titan has recently launched the Sequal women-focused return-ship programme, which aims to upskill women and provide re-entry support. Titan’s goal with this programme is to help women re-enter the workforce.
Titan will continue to recruit talent from campuses directly, accounting for 15-18% of total hiring each year, beyond hiring for mid-senior levels. This ensures that the company is constantly flooded with innovative young minds.
Titan’s goal is to invest in the future rather than just in talent. As the company diversifies and expands its offerings in Indian and international markets through brands such as Tanishq, Mia, Fastrack, Sonata, Eyeplus, Taneira, Skinn, and Caratlane, there will be a strong emphasis on expanding Titan’s luxury segment.