Get ready to see sparkle like never before as Aditya Birla Group unveils its jewellery brand, Indriya! Here’s what you need to know about this exciting launch!
The Aditya Birla Group is about to add a dazzling twist to the Indian jewellery market with the launch of its new jewellery brand, Indriya, backed by a whopping investment of Rs 5000 crore! CEOs, fashionistas, and jewel lovers — take note! Aditya Birla Group, led by the visionary Kumar Mangalam Birla, considers this foray a natural extension of its extensive portfolio, which already includes fashion retail and a successful line of paints. It’s time for the Group to shine brighter than ever in the sparkling business of gold, diamonds, and everything in between!
Indriya isn't just entering the crowded market; it aims to compete head-to-head with established names like Tanishq and Reliance Jewels. And the Group means business! With ambitious plans to establish itself among the top three jewellery retailers in India within five years, Indriya is set to open four stores in Delhi, Indore, and Jaipur as its flagship locations. The Group also has plans in place to launch an additional 11 stores in the next six months across different cities, bringing this glamorous venture closer to customers all around the nation.
What does Indriya promise? You can expect a blend of contemporary designs and traditional craftsmanship that reflects the rich heritage while embracing modern trends. The jewellery market in India, valued at a staggering Rs 6.7 lakh crore, has a golden opportunity for a fresh player who understands the pulse of the people. With a robust plan and an aim to rise fast in the ranks, Indriya is positioning itself to become a beloved name synonymous with quality and style.
While we eagerly await the store openings, let’s take a moment to appreciate some glittering facts: Did you know that the Indian jewellery market is projected to grow at a compound annual growth rate (CAGR) of around 7.5% in the next five years? Moreover, the demand for gold jewellery in India is not just a trend; it’s imbued in the culture, making it an essential asset for festivals, weddings, and family gatherings. With Indriya joining the mix, we can only expect more excitement and innovation in a market that is truly worth its weight in gold!
Kumar Mangalam Birla, Chairman, Aditya Birla Group, said that the foray is a natural extension for the Group, which has been in the fashion retail and ...
Aditya Birla Group jewellery: Group aims for brand to be among top three national players in five years.
On July 27, Indriya to open 4 stores in three cities Delhi, Indore, and Jaipur. The plan is to open another 11 stores in next six months.
The Aditya Birla Group launched its new jewellery retail brand, Indriya, directly competing with Tanishq and Reliance Jewels. Indriya plans to be a ...
India Business News: NEW DELHI: The Aditya Birla Group on Friday unveiled its jewellery brand Indriya, foraying into a crowded market which already has two ...
Announcing an investment of ?5000 crores to build a new jewellery business, under the brand name Indriya, the Aditya Birla Group aims for the sparkle in the ...
The Indriya brand, housed under Novel Jewels, will start with four stores in three cities, and expand to 10 cities within six months.
The group with its massive retail presence, especially in the apparel and fashion, has set an ambitious target of becoming one of the top 3 jewellery brands ...
Shortly after the conglomerate entered the paints business, it has ventured into the jewellery market, where it will compete with the likes of Tata Group's ...