Jewellery companies in India play a significant role in shaping the city’s real estate market. These companies often require specialised retail spaces, showrooms, and manufacturing units. Additionally, the presence of well-established Jewellery companies can enhance the overall image and economic vitality of a city, attracting more businesses and consumers. This, in turn, can stimulate real estate development and contribute to the city’s economic growth.

Business landscape in India

The business landscape in India is diverse and dynamic, with a mix of traditional and modern industries. It encompasses a wide range of sectors, including agriculture, manufacturing, technology, services, and more. The country offers a vast consumer market with a young and tech-savvy population. India is an attractive destination for both domestic and international companies looking to tap into its vast potential and vibrant economy.

Top jewellery companies in India

Titan Company  (Tanishq)

Industry: Gems, Jewellery, Watches, Retail

Sub Industry: Watches, Jewellery, Watches

Company Type: India’s Top 500

Location: Bangalore / Bengaluru / Karnataka – 560100

Founding Year: 1994

Tanishq is a renowned jewellery brand established in 1994. The company mainly engages in the production and sale of jewellery, watches, and fragrances for both genders. Within its jewellery division, it manages prominent brands like Tanishq and CaratLane. It has a strong presence across India. It offers an excellent retail experience and is trusted for its quality and reliability. 

Kalyan Jewellers

Industry: Gems, Jewellery, Watches

Sub Industry: Gems, Jewellery

Company Type: India’s Top 500

Location: Thrissur(Trichur) / Kerala – 680001

Founding Year: 1993

Kalyan Jewellers India, founded by Mr. T. S. Kalyanaraman, is one of India’s largest jewellery companies. It was established in 1993 and has since grown and evolved. The company specialises in designing, manufacturing, and selling a wide range of gold and studded jewellery.  Over the years, it has expanded its presence with multiple subsidiaries in India and overseas. 

Kiran Gems

Industry: Gems, Jewellery, Watches

Sub Industry: Gems, Jewellery

Company Type: Industry Top

Location: Mumbai / Maharashtra – 400051

Founding Year: 2007

Kiran Gems is a leading player in the diamond industry, recognised as a Sightholder of De Beers Group and a Certified Member of the Responsible Jewelry Council (RJC). Founded by Mr. Vallabhbhai Patel, Mr. Babubhai Patel, and Mr. Mavjibhai Patel, the company has grown significantly since its beginning in 2007. It is renowned as the world’s largest manufacturer of natural diamonds and India’s premier diamantaire.

Malabar Gold

Industry: Gems, Jewellery, Watches, Retail

Sub Industry: Gems, Jewellery, Jewellery, Watches

Company Type: India’s 501-1000

Location: Mumbai / Maharashtra – 400093

Founding Year: 1993

Malabar Group, founded in 1993 by Mr. M P Ahammed, began as a jewellery trading company in Kozhikode, India. Since then, it has evolved into a prominent business conglomerate with a strong presence in the jewellery industry. Malabar Gold & Diamonds has a vast retail network of over 325 outlets across 11 countries. Its annual turnover is $5.2 billion, making it one of the world’s largest jewellery retailers. 

PC Jeweller 

Industry: Gems, Jewellery, Watches, Retail, E-Commerce

Sub Industry: Gems, Jewellery, Jewellery, Watches

Location: New Delhi / Delhi – 110005

Founding Year: 2005

PC Jeweller is a prominent fine jewellery platform in India, offering an extensive collection of curated designs for various occasions. The company operates a wide network of showrooms and has a significant presence in the Indian jewellery market. It has diversified collections, including gold, diamond, polki, and kundan jewellery. 

Asian Star Company 

Industry: Gems, Jewellery, Watches

Sub Industry: Gems, Jewellery

Company Type: India’s Top 500

Location: Mumbai / Maharashtra – 400021

Founding Year: 1971

Founded in 1971 in Surat, India, Asian Star is a renowned company with a 50-year legacy spanning three generations. Asian Star has become a prominent player in the diamond and diamond jewellery industry, serving top international jewellery brands and retail chains. The company operates across two primary business segments: Diamonds and Jewelry. Its primary source of revenue is derived from the sale of polished diamonds. 

Rajesh Exports 

Industry: Exporters, Importers, Gems, Jewellery, Watches

Sub Industry: Exporters, Importers, Commodity Traders, Gems, Jewellery

Company Type: Industry Top

Location: Bangalore / Bengaluru / Karnataka – 560001

Founding Year: 1989

Rajesh Exports was established in 1989 and is a prominent player in the global gold industry. Based in Bangalore, it operates worldwide and is the only company to cover the entire gold value chain, from refining to retail. It holds the distinction of being the largest gold processor globally, handling 35% of the world’s gold production. 

Reliance Jewels

Industry: Gems, Jewellery, Watches

Sub Industry: Gems, Jewellery

Company Type: MNC

Location: Hyderabad / Telangana – 500034

Founding Year: 2007

Reliance Jewels has been serving a diverse customer base with a wide range of jewellery offerings, from traditional gold pieces to contemporary diamond jewellery and solitaires, with a presence in 115 cities across India through standalone stores and shop-in-shop formats. Reliance Jewels is recognised as one of the top 10 trusted retail brands in India, offering collections in gold, diamond, silver, and platinum jewellery. 

Joyalukkas

Industry: Retail Jewellery

Sub Industry: Gold, Diamond, Precious stone, Platinum, Polki and Pearl

Company Type: India’s Top 500

Location: Thrissur / Kerala – 680001

Founding Year: 1987

Under the visionary leadership of Joy Alukkas, Joyalukkas jewellery is today a 150-showroom plus vast chain spread across 11 countries around the world. Joyalukkas is today a trusted brand in India, UK, USA, Singapore, Malaysia, UAE, Qatar, Kuwait, KSA, Bahrain & Oman. The brand is continuing to rapidly expand its presence in more countries across the world to fulfil its vision of Ornamenting the World. Their many choices of jewellery include exquisite creations in gold, diamonds, platinum, gemstones, & silver and our price range is devised to suit the needs of one and all. 

Tribhovandas Bhimji Zaveri (TBZ)

Industry: Retail Jewellery

Sub Industry: Gems and Jewellery 

Company Type: India’s Top 500

Location: Zaveri Bazar, Kalbadevi / Mumbai, Maharashtra – 400002

Founding Year: 1864

TBZ is a brand that is coveted for its promise of innovative designs, exemplary quality of workmanship and trust that spans over 158 years. Their brand has been synonymous with jewellery for weddings, celebrations and festive occasions as well as everyday wear for young India that has electric taste and seeks jewellery that is aspirational. Their enduring collection of aesthetically designed pieces epitomises the spirit of femininity, elegance and grace.

Commercial real estate demand in India

Office space: In India, there is a significant demand for office space, especially in major cities. Many multinational companies and startups are looking for modern and well-equipped office spaces to establish their operations. As a result, there has been continuous growth in the construction and leasing of commercial office spaces.

Rental property: The rental property market in India is robust; many people prefer renting homes and office spaces due to flexibility and cost-effectiveness. In cities with a thriving job market, the demand for rental properties is particularly high, which encourages real estate developers to invest in rental properties and build apartment complexes and commercial buildings.

The demand for commercial real estate in India has stimulated construction activities, boosted the economy, and created job opportunities in the construction and property management sectors. Additionally, it influences property prices and rental rates, affecting the overall affordability of real estate in urban areas. 

Impact of jewellery companies in India

Jewellery companies in India have a profound impact on the nation’s economy and culture. The industry is closely linked to India’s rich heritage and traditions, with jewellery playing a pivotal role in weddings and festivals. Moreover, it’s a major export sector, earning valuable foreign exchange for the country. The demand for Indian jewellery extends globally, making India one of the world’s largest exporters of gems and jewellery. 

FAQs

Which is the No 1 jewellery brand in India?

Tanishq stands as the biggest Jewellery company in India.

Which are the top Jewellery companies in India?

Some of the prominent jewellery brands in India included Tanishq (by Titan Company Limited), Malabar Gold & Diamonds, Kalyan Jewellers, and PC Jeweller, among others.

Who owns Tanishq?

Tanishq is owned by Tata Group.

Who is the richest Jeweller in India?

The title of the richest jeweller in India was often associated with Mr T.S. Kalyanaraman, the founder and chairman of Kalyan Jewellers.

How big is the jewellery industry in India?

India's Gems and Jewellery industry is a major contributor to the country's economy, accounting for 7% of its GDP and 15.71% of total merchandise exports.

What is the future of the jewellery industry in India?

In 2023, India's jewellery sector is set for expansion driven by economic resurgence, a growing middle class, shifting consumer tastes, digitalisation and e-commerce, government programs, and a heightened emphasis on ethical sourcing.

How much is the jewellery industry worth in India?

The Gems and Jewellery sector makes up approximately 7% of the nation's total GDP and provides jobs for more than 5 million individuals. Its worth was assessed at Rs 5.63 trillion in 2020 and is projected to grow to Rs 6.64 trillion by 2022.

Why is Indian jewellery famous?

The worldwide jewellery market was valued at $256 billion in 2021 and is projected to grow to $517.27 billion by 2030, with a compound annual growth rate (CAGR) of 8.25%.

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