Titan Company Limited has appointed seasoned finance and business leader Hardik Mehta as head - commercial for the International Business Division of its jewellery business, where he will lead commercial strategy for the global expansion of Tanishq. Mehta joins Titan after a distinguished career spanning nearly two decades across finance, business transformation, governance, international operations and strategic leadership roles in India and overseas markets. In his new position, based in Bengaluru, he will oversee commercial operations for Tanishq's international business as the jewellery brand continues to strengthen its presence in global markets and take Indian craftsmanship to a wider international audience. The appointment marks the end of a five-year journey at Schneider Electric, where Mehta held a series of senior leadership positions. Most recently, he served as senior general manager, overseeing business finance portfolios across the Power Products Division, National Sales, Sri Lanka and Bangladesh territories while continuing to support the Digital Energy Division. Prior to that, he was general manager and finance business partner for the Digital Energy Division between October 2023 and January 2025, following a stint as deputy general manager and finance business partner from July 2021 to September 2023. Before relocating to India, Mehta spent almost four years in Indonesia with PT. Tamco Indonesia, first as head of finance under the ownership of Larsen & Toubro and later following the company's acquisition by Schneider Electric. During that period, he played a key role in financial restructuring, compliance management and the transition of the business following the sale of Larsen & Toubro's Electrical & Automation division. One of his notable achievements included converting loans worth approximately Rs 43 crore into capital, helping
improve the subsidiary's financial position and ensuring compliance with local regulations. Earlier in his career, Mehta spent more than nine years with a Larsen & Toubro subsidiary, managing finance and accounting functions, treasury operations, foreign exchange risk management, budgeting, audits and working capital planning. His corporate experience now spans more than 18 years across India, Indonesia, Sri Lanka and Bangladesh. Academically, Mehta is a chartered accountant from the The Institute of Chartered Accountants of India, having cleared all examinations in his first attempt. He also holds a Bachelor of Laws degree from Veer Narmad South Gujarat University.
Titan Company Limited specializes in the design, manufacture and marketing of watches, jewellery, eyewear and fashion accessories. Net sales break down by product family as follows:
- jewellery items (88.5%): gold jewellery decorated with diamonds and precious stones, pure gold and platinum jewellery (Tanishq, Zoya, Mia, Carat Lane and Gold Plus brands);
- watches (7.3%): sold under own brands (Titan, Fastrack, Sonata, Favre Leuba, Xylys and Nebula), and under license brands (Tommy Hilfiger, Police, FCUK, Annie Klein, Kenneth Cole and Esprit);
- eyewear (1.7%): eyeglasses, sunglasses, frames, lenses and contact lenses (Titan Eye Plus, Titan, Fastrack and Glares brands).
The balance of net sales (2.5%) concerns the distribution activities of perfumes (Skinn by Titan brand), saris (Taneira Sarees brand) and fashion accessories, as well as the manufacture of precision engineering products and industrial machinery.
Products are marketed through a network of 1,909 exclusive stores located in India, over 7,000 multi-brand outlets and via the Internet.
At the end of March 2021, the group had 11 production sites in India.
India accounts for 99.5% of net sales.
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