SILICON VILLAGE

Monday, September 17, 2018

Kalyan Jewellers Invests Rs 125 Cr to Launch Flagship Showroom in South-Extension, New Delhi


A new landmark is set to shine in the tony neighbourhood of South Extension, New Delhi with the opening of Kalyan Jewellers’ flagship showroom on September 28, 2018. With an investment of Rs. 125 cr., the showroom in the capital city promises to be the crown jewel in the Kalyan Jewellers global network of 132 outlets. The flagship showroom of Kalyan Jewellers in South Extension I is spread over 2 dedicated floors with ample parking.  The showroom will offer customers a personalised jewellery shopping experience with a wide variety of contemporary and traditional designs.

Customers will be able to browse through Kalyan Jewellers’ myriad designs and selections for everyday as well as bridal wear and festive occasions.  Collections like Muhurat, the bridal jewellery line curated from across India, Tejasvi – Polki jewellery, Mudhra - handcrafted antique jewellery, Nimah – temple Jewellery, Glo – dancing diamonds, Ziah – Solitaire like diamond jewellery, Anokhi – uncut diamonds, Apoorva – diamonds for special occasions, Antara – wedding diamonds, Hera – daily wear diamonds and Rang – precious stones jewellery will enthral patrons at the flagship showroom. 

T. S. Kalyanaraman, Chairman and Managing Director, Kalyan Jewellers Ltd. said, “In the last four years Kalyan Jewellers has managed to establish itself as one of the most preferred jewellery brands in the NCR region. Our significant presence with 8 showrooms across the region and the large investment in a flagship showroom reiterates our commitment to grow our presence. The exciting part of our flagship showroom is the ability to give our customers a superior value proposition with the best of quality, world class designs, and service standards conceived for a memorable shopping experience.”

The second quarter of the current financial year has seen Kalyan Jewellers opening 10 showrooms across Indore, Kanpur, Ranchi, Raipur, Guwahati, Nagpur and Bengaluru. The launch of the flagship showroom in Delhi marks the second phase of its stated expansion plan of Rs.1000 cr. over 20 showrooms during this fiscal. The present showroom expansion is being met through internal accruals, without any bank borrowings or capital dilution.

Today, Kalyan Jewellers has 132 showrooms in India and Middle East. The brand also has a presence online through candere.com.

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