Titan and Rhythm Group Sign Joint Venture for Tanishq’s Expansion in Bangladesh
Titan, one of India’s leading lifestyle companies, will expand its reach into Bangladesh in collaboration with the local Rhythm Group through watches, eyewear, perfume, and its flagship jewellery brand, Tanishq.A joint venture agreement was signed between Titan Company Ltd and Bangladesh’s Rhythm Group at Titan’s headquarters in Bangalore on Friday.C.K. Venkatraman, Managing Director of Titan Company Limited, and Shohag Hossain, Managing Director of Rhythm Group, inked the deal on behalf of their respective sides while Kuruvilla Markose, Titan’s International Business Division CEO, was present.Under this agreement, a state-of-the-art manufacturing facility for Tanishq’s exquisite jewellery will be established in the Meghna Economic Zone in Narayanganj, Bangladesh. This facility...
