Year: 2023

Retail Jeweller East Forum ’23 Defines the Jewellery Market Structure

The retail jewellery market in India has been growing.  Here are some other facts about the jewellery retail market in India:  Chain stores: Chain stores have been gaining market share at the expense of stand-alone retailers. Omnichannel: Jewellers with an omnichannel presence are more likely to take market share from single-channel jewellers. Domestic gold jewellery: The domestic gold …

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Kolkata Retail Summit- The Retail Convention of India by Retailers Association of India

Ignite the future of retail! In an ever-evolving industry landscape, strategic implementation is the beacon that guides retailers towards success. As the retail sector undergoes rapid transformation, it’s essential to reignite the passion, strategies, and innovations that drive the industry forward. Kolkata Retail Summit organised by Retailers Association of India (RAI) at The LaLiT Great …

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Organised jewellers expected to outpace industry growth, supported by store additions and market share gains

Despite a high base and evolving economic conditions, a revenue growth of 12-15 per cent for organised jewellers is expected, compared to the anticipated industry growth of 8-10 per cent. Organised jewellery retailers will continue to outpace the industry in this fiscal, aided by planned store additions by a majority of large jewellery retailers and …

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Shopping Then and Now: Retail Has Changed and How Businesses Can Adapt

Amazon India’s first fulfillment centre in West Bengal to cater to the entire Eastern region. The fulfillment centre, or warehouse, spread over 83,000 square feet, at Srirampore in Bengal’s Hooghly district, has a storage capacity of over two lakh cubic feet. The e-commerce company said the new fulfilment centre will ensure faster product delivery to …

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Sourav Ganguly to start steel factory in West Bengal

Former Indian cricket captain Sourav Ganguly has announced his involvement in entrepreneurship with a major steel plant project in Salboni, in Midnapore, West Bengal. Alongside a friend, Ganguly is set to invest a substantial INR 2,500 crore in the venture. Notably, the plant is expected to generate employment opportunities for over 6,000 people. Ganguly revealed …

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Turtle opens menswear store in West Bengal’s Berhampore

Menswear brand Turtle has added to its brick-and-mortar retail presence in West Bengal and opened an exclusive brand outlet in Berhampore. The new store is located at the city’s Khagra Bazar on Manindra Road and retails the brand’s full range of smart casual wear. “Exciting news from Behrampore, West Bengal,” wrote Turtle Limited’s director Shitanshu …

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P. C. Chandra Jewellers launches its 63rd brand showroom in Vashi, Navi Mumbai

P. C. Chandra Jewellers recently hosted the grand launch of their first showroom at Vashi, Navi Mumbai, second in Mumbai and 63rd nationally. Uday Kumar Chandra, Managing Director, P. C. Chandra Jewellers was present to inaugurate the same. The showroom exhibits a wide range of gold and diamond jewellery for every occasion at various price points. P. C. …

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Zara to expand manufacturing ops to Bengal, state to provide land:

Spanish textile major Zara to invest & and start production in Bengal by December. The state government would provide 100 acres of concessional land, besides all other support to the company, Banerjee, who is currently in Spain for 13 days business trip. Tempe Inditex (Zara), a Spain-based textile major, is expected to start production in West Bengal …

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