In a bold move to accelerate growth while trimming debt, Kalyan Jewellers has announced plans to open 170 new stores in FY 2025–26, leveraging the franchise model for both domestic and overseas expansion.

Raniwala 1881, the iconic Jaipur-based luxury jewellery house with roots dating back to the 19th century, has announced a strategic partnership with Francorp, the franchising consultancy arm of Franchise India Group, to expand its retail footprint through a franchise-led model

Gargi by P N Gadgil & Sons (PNGS), a prominent name in the fashion jewellery industry, has closed the year on a triumphant note with the launch of two new stores in Aurangabad and Indore

Kalyan Jewellers India Ltd shares surged 9.31% on Friday, driven by robust December quarter results

Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, has unveiled its first-ever Kids Collection

Gargi by P N Gadgil & Sons is ringing in the New Year with a strong expansion strategy, announcing the opening of two new franchise stores in Pimple Saudagar, Pune, and Kapil Vihar, Pitampura, Delhi

The ICRA report projects a robust 14-18% year-on-year growth in India’s gold jewellery consumption for FY25, driven by factors like the customs duty cut, festive demand, and rural income boost. Organised retailers are expected to lead the growth with network expansions and rising consumer preference for branded jewellery

Novel Jewels, part of the Aditya Birla Group, is embarking on a significant expansion plan with a Rs.5,000 crore investment to open 100 stores nationwide over the next 18 months. This strategy, which includes both owned and franchised stores, seeks to leverage the growing consumer shift towards organized jewellery retail

Titan Company, a leading player in the Indian jewellery market, is gearing up for significant expansion in the fiscal year 2024-25 (FY25). With a focus on accelerating growth, the Tata Group subsidiary aims to open more than 170 new jewellery stores across various regions

The inauguration was conducted on November 18, 2023 and was attended by Telugu movie star Kavya Kalyanram

The store at Ram Raghu Palazzo, Church Road is all set to please affluent shoppers who have a penchant for premium jewellery

The launch signifies a shift in the brand’s distribution strategy from store-in-store sales to franchise

The brand also launched RARE, its natural solitaire line and revealed plans to accelerate growth with franchise model

The aggressive expansion plans in India to strengthen brand presence in non-South markets by leveraging franchise arm