National News
CaratLane Accelerates Growth as Young Shoppers Redefine India’s Jewellery Market
Titan’s jewellery arm eyes expansion in smaller cities and abroad, driven by surging demand for lightweight, low-carat, design-led collections among millennials and Gen Z.
CaratLane, a subsidiary of Titan Company, is embarking on an aggressive expansion strategy this financial year, fueled by rising demand among young Indian consumers for lightweight and lower-carat gold jewellery.
The brand plans to open over 40 new stores—many in tier-2 and tier-3 cities—as it capitalizes on shifting preferences that favor self-adornment, affordability, and everyday wear over traditional high-carat gold purchases. The trend is being led by millennials and Gen Z shoppers, who are increasingly opting for accessible luxury amid soaring gold prices.
Earlier this year, CaratLane introduced its 9-carat gold collection around Valentine’s Day, tapping into a growing appetite for stylish yet affordable pieces. This shift marks a notable change in India’s jewellery landscape, historically dominated by 22-carat gold used for investment and ceremonial purposes.
At the close of March 2025, CaratLane operated 322 retail outlets across the country, making it the Tata Group’s second-largest jewellery brand in terms of store count. In FY25, the company reported a 24% year-on-year revenue increase, earning Rs. 35.83 billion with nearly Rs. 3 billion in operating profit—its best financial performance so far.
CaratLane is also ramping up its international footprint, with a second U.S. store set to open in Dallas before Diwali, and two new Dubai locations expected within the next eight months.
Despite economic challenges and high gold prices, the company has successfully raised its average bill value by about 10%, thanks to a broader product mix and new design-led collections.
Currently contributing around 6% to Titan’s overall revenue, CaratLane is poised to become a key player in the fast-growing segment of affordable, everyday jewellery—reshaping India’s gold-buying culture in the process.
National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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