25-30% growth is possible despite tough times: Titan Ind
Subramaniam S, CFO, Titan Industries Limited says that as far as the Indian consumer is concerned, gold is still valued very high on account of the significant devaluing of the rupee against dollar. This has affected demand in November, he says and expects volumes to come under pressure as well as volumes have dipped post Diwali. "25-30% growth is something we believe is possible despite tough times," he added.
