National News
Kalyan Jewellers Targets 25%+ Revenue Growth with Aggressive Store Expansion
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.
National News
Kushals Turns The 9-To-5 Into ‘9 To Shine’ With Its Workwear Jewellery Collection Featuring Real Life Professionals
The New Collection Features Real-Life Professionals and Offers 92.5 BIS Hallmarked Sterling Silver and 18K Gold-Plated Jewellery, Designed To Complement Modern Workwear Across Every Profession and Personal Style.
Meetings, coffee runs, client presentations, brainstorming sessions, and after-work plans—every part of a working woman’s day deserves jewellery that keeps up. Celebrating the many hats women wear, Kushals Fashion Jewellery, India’s leading fashion jewellery brand, introduces ‘9 to Shine’, its latest Workwear Jewellery Collection, brought to life by real professionals who wear confidence just as effortlessly as they wear their jewellery.
Rooted in authenticity, the campaign shines a spotlight on women from diverse professions, ranging from entrepreneurs and HR professionals to clinical researchers and beyond. Each brings her own story, style, and personality to the campaign, proving that jewellery isn’t reserved for special occasions—it’s part of how today’s women show up every single day.
Created for women whose workwear reflects their mood each day, the ‘9 to Shine’ collection celebrates the many ways jewellery is worn today. Some days call for a sharp power suit, others for ethnic wear, co-ords, or a pair of casual denims. Whatever the day or dress code, the collection offers jewellery thoughtfully curated to complement every office look, mood, and personal style.
Featuring minimal layered necklaces, sleek chains and pendants, tennis bracelets, finger rings, pearl earrings, contemporary kadas, and antique-inspired earrings with a modern twist, each piece is thoughtfully designed to elevate an outfit without overpowering it. Crafted in 92.5 BIS hallmarked sterling silver and 18K gold-plated fashion jewellery, the collection combines premium craftsmanship with a lightweight, comfortable fit, making it ideal for women who seamlessly transition from work to after-hours plans.
Commenting on the launch, Manish Gulechha, CEO & Co-Founder, Kushals Fashion Jewellery, said:
“Workwear today isn’t defined by a single look. With ‘9 to Shine’, we’ve thoughtfully curated a collection that complements ethnic, western, formal, and casual office wear, making it easy for women to find jewellery that suits their personal style and every kind of workday.”
With ‘9 to Shine’, Kushals celebrates the women who bring confidence, ambition, and individuality to everything they do. Designed for every pitch, every promotion, every coffee break, every commute, and every small win along the way, the jewellery is crafted to move effortlessly with them, adding a touch of style and confidence to every workday.
Kushals Turns The 9-To-5 Into ‘9 To Shine’ With Its Workwear Jewellery Collection Featuring Real Life Professionals
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