RETAIL/FMCG Higher Gold Duty May Impact Demand, Says Thangamayil Jewellery

Thangamayil Jewellery Ltd said the Centre’s move to increase import duty on gold and silver from 6% to 15%, coupled with the Prime Minister’s recent appeal urging the public to defer gold jewellery purchases to reduce the current account deficit, could impact jewellery demand in the coming months. The retail jeweller, however, noted that customers […]

CW Bureau · May 17, 2026

RETAIL/FMCG High Gold Prices Spur Interest In Jewellery, Says Titan MD Ajoy Chawla

Rising gold prices have increased consumer interest in both gold and studded jewellery categories, with demand remaining strong across age groups and customer segments, said Titan Company Managing Director Ajoy Chawla. Speaking during an earnings call, he said precious jewellery continues to attract buyers not only as an aspirational purchase but also as a long-term […]

CW Bureau · May 15, 2026

RETAIL/FMCG Large-Format Jewellery Stores Gain Share In India’s Retail Leasing Market

India’s jewellery retail sector is witnessing a major transformation, with large-format stores emerging as a key growth driver in organised retail leasing, said CBRE South Asia Pvt Ltd in its latest report. According to CBRE’s report titled “All That Glitters: Jewellery Brands Recast India’s Retail Footprint”, released at the Phygital Retail Convention 2026, the share […]

CW Bureau · May 14, 2026

RETAIL/FMCG Kalyan Jewellers Targets To Become Non-GML Debt-Free Firm During FY27

Kalyan Jewellers India Ltd, a leading jewellery retailer, is aiming to become non-gold metal loan (GML) debt-free during the current financial year, a top official said. “We want to make it a non-gold metal loan debt-free company in FY27. And, if things go really well, we might do it by H1 itself,” said Executive Director […]

CW Bureau · May 11, 2026

RETAIL/FMCG Kalyan Jewellers Q4 Profit Surges 118%, Revenue crosses ₹10,000 Cr

Kalyan Jewellers India Ltd, one of India’s leading jewellery retail chains, reported a 118% increase in consolidated net profit for the March quarter at ₹410 crore, aided by strong growth in sales volume and sustained wedding demand. Revenue from operations rose sharply to ₹10,275 crore from ₹6,182 crore in the corresponding quarter last year. The […]

CW Bureau · May 8, 2026

RETAIL/FMCG PNG Jewellers Targets ₹13,500 Cr Revenue In FY27; Steps Up Expansion

P N Gadgil Jewellers Ltd (PNG Jewellers) has outlined an aggressive growth roadmap, targeting a 25% year-on-year increase in revenue to ₹13,500 crore in FY27, while aiming to improve its EBITDA margin to 7.5%, driven by scale expansion and an improving product mix. Expansion push gains pace The company is set to accelerate its retail […]

CW Bureau · Apr 8, 2026

RETAIL/FMCG P N Gadgil Jewellers Crosses ₹10,000-Cr Revenue Mark in FY26

P N Gadgil Jewellers Ltd has surpassed the ₹10,000-crore revenue milestone in FY26, reflecting sustained growth momentum in its core retail business. The company’s performance underscores resilient consumer demand, even amid elevated gold prices, supported by strong traction across product categories. Festive boost drives sales growth On the occasion of Gudi Padwa, the jeweller recorded […]

CW Bureau · Mar 20, 2026

RETAIL/FMCG Tanishq Opens First Store In Westborough, 10th In The US

Tanishq, the fine jewellery brand of Titan Company Ltd., has expanded its presence in the United States with the opening of its first store in Westborough, Massachusetts, taking its total number of outlets in the country to 10. The 4,000 sq. ft. showroom opened on December 4 and formally celebrated its launch on March 6, […]

CW Bureau · Mar 13, 2026

RETAIL/FMCG Indriya Targets Top-3 Spot In Jewellery Retail, Plans 100 Stores By FY26

Indriya, the new-age jewellery brand of the Aditya Birla Group, is aspiring to emerge as one of India’s top three jewellery retailers within five to eight years, as it accelerates expansion in the organised market. Announcing the opening of its 50th retail store in Bengaluru, the brand outlined an aggressive growth roadmap, targeting 100 stores […]

CW Bureau · Feb 28, 2026

RETAIL/FMCG Senco Gold Leverages AI To Sharpen Inventory Amid Soaring Gold Prices

Senco Gold & Diamonds is tightening its inventory strategy, increasingly relying on analytics and AI-driven tools to track design performance and selling cycles across its network. “With the gold price going up, it is not just about the quantity of gold you are keeping in the store. It is equally about the exact quality of […]

CW Bureau · Feb 18, 2026