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Kalyan Jewellers Targets 25%+ Revenue Growth with Aggressive Store Expansion

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Kalyan Jewellers is projecting revenue growth of over 25% for the current financial year, driven by an ambitious expansion plan that will see the Indian gold and diamond retailer open 160 new stores, according to Executive Director Ramesh Kalyanaraman.

Despite record-high gold prices, demand remains strong in India—the world’s second-largest gold-buying market. While affluent buyers continue to invest in high-value ornaments, middle-class consumers are gravitating toward lower-carat and lightweight jewellery. Kalyanaraman noted that shoppers are increasingly favoring organized retail chains over independent jewellers, spending more on gifts and shopping more frequently.

“Kalyan’s strength today lies in our ability to grow nationwide,” Kalyanaraman said in an interview. “We see many untapped markets and believe revenue will easily grow beyond 25% this year.”

As of March-end, Kalyan operated 278 showrooms under its flagship brand and 73 under its more affordable “Candere” label. The new store openings planned for this fiscal year will be equally divided between both brands.

Kalyan’s rapid expansion strategy is aimed at narrowing the gap with Titan Company, its largest competitor, which had over 1,000 jewellery stores across India at the end of March—roughly half of them under the premium “Tanishq” brand. Kalyanaraman said the company hopes its “Kalyan” branded outlets will match the number of Tanishq stores within three years, though he acknowledged that the swift rollout may put pressure on profit margins.

In the fiscal year ending March 31, Kalyan Jewellers saw its revenue surge by over 33% to ₹250.5 billion ($2.9 billion), supported by strong same-store sales and the addition of 136 new locations. Titan, by comparison, reported a 21% revenue rise in its jewellery segment, totaling ₹465.7 billion.

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Kumari Fine Jewellery Celebrates the “Modern Indian Original” with Exclusive Women’s Day Showcase

The Women’s Day showcase highlights self-bought milestones and positions lightweight gold jewellery as a symbol of independence, identity, and modern professional style.

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Mumbai’s leading lightweight fine jewellery brand, Kumari Fine Jewellery, has unveiled its International Women’s Day 2026 showcase, celebrating every Kumari’s financial independence, personal style, and the power of self-expression. Reimagining the occasion as a tribute to the “Modern Indian Original,” the brand positions precious jewellery not as a passive asset, but as an active styling statement for women who invest in themselves.

This Women’s Day, Kumari brings an exhibition creating an exclusive experience for women who view gold as a reflection of identity rather than an occasion. Designed for working professionals, entrepreneurs, and corporate leaders, the showcase centres around the idea of the self-bought milestone, encouraging women to commemorate their achievements with jewellery that anchors confidence and presence.

The exhibition will feature a thoughtfully curated selection of signature pieces styled for work, travel, and celebration. From refined everyday gold essentials to statement accents that transition seamlessly from boardroom meetings to evening parties, each design reflects Kumari’s contemporary aesthetic and commitment to versatility. The brand’s design philosophy focuses on wearability, styling intelligence, and modern relevance, ensuring precious jewellery becomes an integral part of the active, social, and professional lives of contemporary women.

Speaking about the campaign, Supriya Kataria, Founder, Kumari Fine Jewellery, said, “Our vision has always been to design for the Modern Indian women who lead, create, and define their own journey. This showcase invites you to honour your personal milestones with jewellery that anchors your confidence, serving as a powerful reflection of both identity and achievement.”

Extending the initiative offline, Kumari Fine Jewellery will host a pop-up experience on 5 & 6th March 2026 at Parinee Crescenzo, Business Park, One BKC, Mumbai, inviting guests to experience a space where gold is not simply purchased, but personally claimed as a marker of growth, independence, and self-expression.

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