Kalyan Jewellers to Open 5 New Showrooms in Karnataka with Rs 150 Cr Investment

Team Udayavani, Jul 5, 2017, 1:41 PM IST

Davanagere: Kalyan Jewellers, India’s leading jewellery brand has announced that it is opening 5 new showrooms in Karnataka at Udupi, Shivamoga, Hassan, Davanagere and Ballari with an investment of Rs.150 crore.

The showrooms will be inaugurated on July 7, 2017 by Kalyan Jewellers brand ambassador and film star Shivarajkumar along with Kalyan Jewellers’ Chairman and Managing Director TS Kalyanaraman and Executive Directors Rajesh Kalyanaraman and Ramesh Kalyanaraman. The expansion will enable Kalyan to strengthen its presence in the Southern part of the country and penetrate deeper into Karnataka where it already has a significant operation.

The company had made a foray into Karnataka in 2010 and is currently present in Bengaluru, Mysuru, Mangaluru, Hubballi and Belagavi. With these stores, Kalyan Jewellers will have 12 showrooms in the State.

All five showrooms will feature Kalyan’s gold, diamond, uncut and precious stone studded jewellery designs from across the country. The showrooms will have an exclusive section displaying Kalyan’s popular house brands such as Mudhra – handcrafted antique jewellery, Ziah – an exquisite range of diamond jewellery, Glo-Dancing diamonds, Nimah – authentic heritage Jewellery, Anokhi – uncut diamonds, Apoorva – diamonds for special occasions, Antara – wedding Diamonds and Hera – daily wear diamonds and Rang – precious stones jewellery. Kalyan will draw from its portfolio of over one lakh contemporary and traditional designs and will offer selections for everyday as well as bridal wear and festive occasions.

Company’s Chairman, Managing Director T.S. Kalyanaraman said, “Karnataka has tremendous potential and is one of our top growth markets. The launch of these 5 showrooms will enable us to grow our customer base and provide customers with the opportunity to avail of a world-class and personalized shopping experience. Customers can expect quality jewellery, extensive range of designs, great ambience along with a world of privileges. The investment in Karnataka is part of our strategy to double our retail presence in the country over the next three years.’’