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
India does not need gold monetization programme to cushion dollar demand: RBI Governor
Sanjay Malhotra highlighted several structural strengths supporting the economy, including ample foreign exchange reserves, buoyant services exports, robust remittance inflows, favorable trade agreements, and ongoing policy initiatives aimed at reducing energy dependence.
RBI Governor Sanjay Malhotra reaffirmed strong confidence in the resilience of India’s external sector, emphasizing that the country’s macroeconomic fundamentals remain robust despite short-term currency pressures on the rupee.
Addressing queries on whether a gold monetisation programme could be introduced to help cushion dollar demand, he stated that India does not require such a scheme. He highlighted several structural strengths supporting the economy, including ample foreign exchange reserves, buoyant services exports, robust remittance inflows, favorable trade agreements, and ongoing policy initiatives aimed at reducing energy dependence.
He further addressed market speculation regarding the mobilization of idle household gold to ease pressure on the Indian rupee and lower import-driven dollar demand. He emphasized that the central bank has no proposal under consideration for a new scheme
Looking ahead, Governor Sanjay Malhotra expressed optimism about the medium-term outlook for India’s balance of payments. He noted that as geopolitical tensions in West Asia ease and global crude oil prices stabilize downward, India’s external account position is expected to remain firm and well-managed.
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