23 Sep 2021
DiamondWorld Directory
Home |
Kalyan Jewellers gears up for retail expansion
Intends to have a footprint of 100 stores by the end of the current fiscal
By: Diamond World News Service
Apr 8 2015 3:55PM
Reference: 11346  


Leading jewellery entity Kalyan Jewellers is planning to expand its retail footprint by another 22 stores in the current fiscal, reports say. It recently announced a new showroom in Chennai which would take its store count to 78. The intent is to have 100 stores by the end of the current fiscal.

This venture would entail an investment of around Rs 800 crore, to be sourced internally.

At present there are 65 Kalyan Jewellers exclusive showrooms in India and 12 in West Asia. The expansion of its retail footprint will cover six outlets in Qatar, consolidating the existing stores in the NCR, Maharashtra and Kerala to open stores in Gurgaon, Noida, Pune, Mumbai and Kodunagallor, as per reports.

The launch of the Chennai showroom is a big event in the calendar of the company, as it would be the largest investment of the company in a single store, reports add. The 40,000 sq ft showroom entailed an investment of around Rs 200 crore.

Warburg Pincus had acquired a mioroty stake worth Rs 1,200 crore in the company, recently.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Kosher 23460
Kosher 23460
Recent Issue
Kosher 23460
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 29897
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 6227
GJEPC Chairman Interview
Views: 26204
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 35862
Promo for IJ Awards 2012 at NDTV Profit
Views: 49769
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 63016
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20199
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 47770
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 46878
Finestar Diamonds
DW Whatsapp Sub sq
Member of:
Supporter of: