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Gold imports up 40.79 pc to USD 2.68 bn in Jan

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The country’s gold imports in January rose by 40.79 per cent to USD 2.68 billion on account of increasing domestic demands, according to commerce ministry data.Gold imports stood at USD 1.9 billion in January 2024.Cumulatively, imports during April-January this fiscal year rose 32 per cent to USD 50 billion against USD 37.85 billion in the same period last fiscal year.

The increase in imports also indicates strong investor confidence in the precious metal as a safe asset. The other reasons include asset diversification towards gold due to global uncertainties, increasing demand from banks, and cut in customs duties.Prices of the yellow metal have increased 11 per cent so far this year to ₹88,200 per 10 gram in the national capital.

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Made In India: The Titan Story – Single-Product Challenger To A Lifestyle and Jewellery Powerhouse

Streaming On Amazon MX Player, Made In India: A Titan Story Traces The Remarkable Journey Of Xerxes Desai and J.R.D. Tata As They Built India’s First Indigenous Quartz Watch Brand

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Made In India: A Titan Story is a six-episode biographical drama series streaming for free on Amazon MX Player and available through Prime Video. It chronicles the incredible journey of Tata executive Xerxes Desai and J.R.D. Tata as they defy all odds to build India’s first world-class, indigenous quartz watch.  The series is inspired by by Vinay Kamath’s book, Titan: India’s Most Successful Consumer Brand

Set in pre-liberalized India, the show highlights how a sidelined Tata executive (Xerxes Desai) pivots from a failing printing press venture to take on smuggled goods and foreign watch brands. Actor Naseeruddin Shah plays JRD Tata, while Jim Sarbh portrays Xerxes Desai in the series that traces the formation of the company and its growth within the consumer sector. The narrative focuses on decisions, ideas and execution that shaped the business over time. It presents the link between leadership and development of the company.

The story of Titan resonates strongly with Prime Minister Narendra Modi’s vision of “Make in India,” which champions domestic manufacturing, innovation, and self-reliance. Long before the initiative became a national movement, Titan embodied these principles by proving that an Indian company could design, manufacture, and market world-class products capable of competing with global brands.

In many ways, Made In India: A Titan Story serves as a compelling reminder that the foundations of India’s manufacturing ambitions were laid decades ago by pioneers who believed in creating globally competitive products on Indian soil.

From a single-product underdog in 1984 to a retail powerhouse today, Titan Company Ltd. has spent decades rewriting the rules of lifestyle and luxury. With a massive footprint of over 2,000 stores housing 16 iconic brands, they know how to make a statement. Look no further than their glittering jewellery lineup—featuring Tanishq, Zoya, Mia, CaratLane, and beYon—masterfully crafting everything from effortless everyday minimalist pieces to jaw-dropping, high-value luxury.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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