India’s Titan Co. says it could see a short-term slowdown in demand if the government curbs gold purchases. In comments attributed to Titan’s chief financial officer, Ashok Sonthalia, the company indicates that any measures aimed at reducing gold buying would likely affect near-term demand, while emphasizing that the impact would depend on whether such steps are actually implemented. The remarks come after Prime Minister Narendra Modi urged Indians to avoid buying gold for at least a year as part of efforts to preserve foreign-exchange reserves. Titan, described as India’s top jeweler, signals that consumer behavior around gold purchases is closely tied to policy and public guidance, and that changes in buying patterns can translate into fluctuations for the company. The statements focus on the possibility of a temporary demand slowdown rather than a longer-term outlook, and do not specify whether Titan expects a specific level of impact. The company’s view is presented as conditional on the government taking further action beyond the prime minister’s request.