National News
Raniwala 1881 Partners with Francorp to Scale Retail Footprint Through Franchising
The iconic Jaipur-based jewellery house adopts FOFO and FOCO models to expand across India while preserving its royal heritage and artisanal legacy
Raniwala 1881, the luxury jewellery brand rooted in Jaipur’s rich heritage, has announced a strategic alliance with Francorp, the franchising advisory arm of Franchise India Group, to fuel its next phase of growth through a structured franchise model.
This partnership marks a significant milestone for the 140-year-old brand as it seeks to expand its retail footprint across India while staying true to its legacy of regal design and meticulous craftsmanship.
Under the agreement, Raniwala 1881 will implement both Franchise-Owned, Franchise-Operated (FOFO) and Franchise-Owned, Company-Operated (FOCO) models. These formats aim to offer opportunities for entrepreneurs and investors to be part of the evolution of one of India’s most prestigious fine jewellery brands.

“Our jewellery is more than just adornment; it is a representation of centuries-old craftsmanship and a deep-rooted heritage,” said Abhishek Raniwala, Managing Director of Raniwala 1881. “With the growing demand for handcrafted Polki and Jadau jewellery, this partnership with Francorp allows us to expand while preserving our brand’s exclusivity.”
Founded in the 19th century by Rai Bahadur Champalal of Beawar, the brand carries a legacy dating back to the British era, when the family was honored with the title “Raniwala.” The brand continues to be a trusted name in bridal jewellery, known for its 18-karat gold Polki pieces that appeal to both Gen Z and Millennial audiences.
Over the years, Raniwala 1881 has also collaborated with some of India’s top fashion designers, including Sabyasachi Mukherjee, Manish Malhotra, and Rahul Mishra, reinforcing its place at the intersection of heritage and high fashion.
The shift toward franchising comes as India’s jewellery market undergoes a transformation, with consumers increasingly gravitating toward branded, story-driven luxury pieces that offer authenticity and traceability.
Francorp will help guide Raniwala 1881’s expansion across metro cities and fast-growing luxury markets, ensuring a consistent retail experience that honors the brand’s heritage.

“Luxury retail is evolving rapidly, and heritage brands like Raniwala 1881 are leading the way in strategic expansion while maintaining timeless elegance and exclusivity,” said Gaurav Marya, Chairman of Franchise India Group. “Franchising provides an effective model to scale without compromising brand integrity. With FOFO and FOCO formats, we’re introducing a new dimension to luxury jewellery retail in India.”
National News
MCX Gold Trends Amid Global Volatility
Domestic Bullion Navigates Volatility as MCX June Contract Tests Rs.1,48,000 High Amid Shifting Global Indicators
On March 30, 2026, the MCX Gold June 2026 contract opened at Rs.1,46,850 per 10 grams, marking the start of a highly volatile session that saw prices swing within a wide intraday range of Rs.1,44,212 to Rs.1,48,000. While the metal faced downward pressure reaching the day’s lows, it managed a partial recovery to trade near Rs.1,46,600, closely tracking a 24K spot rate of Rs.1,48,080. This domestic turbulence mirrors the international landscape, where spot gold is holding around Rs.4,469 per ounce, influenced heavily by a strengthening dollar and fluctuating crude oil prices.
Key Market Drivers
- Currency Pressure: A strengthening U.S. Dollar has limited the upside for gold, making the metal more expensive for holders of other currencies.
- Energy Impact: Rising crude oil prices have contributed to broader market volatility, influencing investor sentiment toward safe-haven assets.
- Global Correlation: Domestic prices remain closely aligned with international spot rates, which are currently stabilizing around the $4,469/oz mark.
While the intraday trend showed a sharp dip to the Rs.1,44,212 level, the subsequent recovery to Rs.1,46,600 suggests resilient buying interest at lower price points amidst ongoing global economic uncertainty.
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