Titan Co Ltd unveiled impressive financial results for the third quarter, ending December 31st. With a remarkable 22% year-on-year revenue growth, the company experienced substantial double-digit expansion in its jewellery business.
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The recently concluded quarter recorded consolidated revenue growth of over 33% when compared to the same period in the previous financial year. We saw revenue growth of 40% for our India operations during Q3 FY2024 as compared to Q3 FY2023. We added 22 net new Kalyan showrooms in India during the recently concluded quarter.
Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon.
In a significant move towards redefining its brand identity, Ciyaza, the distinguished jewellery brand, proudly announces the unveiling of its new brand identity. After six years with the previous logo, the decision to evolve symbolises a transformative journey aligning with the brand’s commitment to timeless elegance.
Gold’s appeal as a safe haven investment and a perfect hedge against inflation is likely to continue in 2024 as consumers face high commodity prices and elevated interest rates worldwide thus overheating financial markets. Therefore, investment in gold against alternate asset classes including crude oil, real estate, bonds, and bank deposits may yield better returns in 2024.
The IIJS Signature is just round the corner, bigger and better than ever before. This year’s event will be held at a dual venue – the Jio World Convention Centre, Mumbai from 4th to 7th January and at the Bombay Exhibition Centre from 5th to 8th January. In an exclusive interview with SVAR Media Network, Mr. Joy Alukkas, Chairman of Joyalukkas who is also the Guest of Honour at the show, shared his perspective and expectations for the upcoming Exhibition.
With this Shop and Win Festival Customers can win big and take-home exciting prizes. For every purchase of Rs. 5000, customers will get a lucky draw coupon by which they stand a chance to win great prizes like Mahindra XUV 300 W4 (24 winners), Diamond Necklace Sets worth Rs. 2 lakh (47 winners), TVS Jupiter 125 (47 winners) ,10 grm Gold Coins (236 winners) and 100 gm silver coin (708 winners).
Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, has launched its new store in Wakad, Pune. Located at G-51, Phoenix Mall of The Millennium, Behind Sayaji Hotel, Wakad, Pune, the plush store has further strengthened Malabar Gold & Diamonds’ retail footprint in Pune by taking the store tally to 7.
Shree Ramkrishna Exports Pvt. Ltd. (SRK), a leading name in the natural diamond crafting and exports industry, is now a member of the prestigious World Diamond Council (WDC). This collaboration signifies SRK’s enhanced commitment to ethical and responsible practices in industry
Andhra Pradesh’s largest B2B jewellery exhibition, Andhra Pradesh Gem & Jewellery Fair (APGJF) 2023, which was held at SS Convention Centre from Dec 8- 10, 2023 was rated as a tremendous success by the exhibitors, visitors and organisers together.
