The Role of Jewellery Companies in India’s Real Estate Market

Jewellery companies in India are pivotal in shaping the city’s real estate landscape. These businesses require specialized spaces such as retail outlets, showrooms, and manufacturing units. Additionally, renowned jewellery brands can enhance a city's image and economic vibrancy, drawing in more businesses and consumers. This influx can spur real estate development and contribute significantly to the city’s economic growth.

Business Environment in India

India’s business environment is both diverse and dynamic, encompassing traditional and modern industries across sectors like agriculture, manufacturing, technology, and services. The country boasts a vast consumer market characterized by a youthful and tech-savvy population. India’s growing economy makes it an attractive destination for both domestic and international companies aiming to capitalize on its potential.

Leading Jewellery Companies in India

Titan Company (Tanishq)
Business: Gems, Jewellery, Watches, Retail
Location: Bangalore/Bengaluru, Karnataka – 560100
Established: 1994       

Overview: Launched in 1994, Tanishq is a prominent jewellery brand offering a wide range of jewellery, watches, and fragrances. Known for its brands like Tanishq and CaratLane, it has a robust presence across India, offering high-quality products and exceptional retail experiences.

Kalyan Jewellers
Business: Gems, Jewellery, Watches
Location: Thrissur (Trichur), Kerala – 680001
Established: 1993

Overview: Founded in 1993 by Mr. T. S. Kalyanaraman, Kalyan Jewellers is among India’s largest jewellery firms. It specializes in gold and studded jewellery and has expanded both domestically and internationally with numerous subsidiaries.

 Kiran Gems
 Business: Gems, Jewellery, Watches
 Location: Mumbai, Maharashtra – 400051
 Established: 2007

Overview: Known for its diamond expertise, Kiran Gems is a key player in the global diamond market. As a De Beers Sight holder and RJC-certified, it is recognized as one of the world’s largest diamond manufacturers and leading diamantaire in India.

Malabar Gold & Diamonds

Business: Gems, Jewellery, Watches, Retail
Location: Mumbai, Maharashtra – 400093
Established: 1993

Overview: Established in 1993 by Mr. M P Ahammed, Malabar Gold & Diamonds started as a trading company and has grown into a major global jewellery retailer with over 325 outlets in 11 countries and a turnover of $5.2 billion.

 PC Jeweller
Business: Gems, Jewellery, Watches, Retail, E-Commerce
Location: New Delhi, Delhi – 110005
Established: 2005

Overview: PC Jeweller offers a broad range of fine jewellery through an extensive showroom network. It features collections in gold, diamond, polki, and kundan jewellery, catering to diverse customer needs.

Asian Star Company
Business: Gems, Jewellery, Watches
Location: Mumbai, Maharashtra – 400021
Established: 1971

Overview: Founded in Surat, Asian Star has a 50-year legacy in the diamond industry. It supports major international jewellery brands and retail chains, with a significant focus on diamond sales.

Rajesh Exports
Business: Exporters, Importers, Gems, Jewellery, Watches
Location: Bangalore/Bengaluru, Karnataka – 560001
Established: 1989

Overview: Established in 1989, Rajesh Exports is a global leader in the gold industry. It manages the entire gold value chain, from refining to retail, and is the world’s largest gold processor.

Reliance Jewels
Business: Gems, Jewellery, Watches
Location: Hyderabad, Telangana – 500034
Established: 2007
       

Overview: Reliance Jewels offers a wide range of jewellery, from traditional gold to modern diamond pieces. It operates in 115 cities across India and is recognized as one of the top ten trusted retail brands.

Joyalukkas
Business: Retail Jewellery
Location: Thrissur, Kerala – 680001
Established: 1987

Overview: Founded by Joy Alukkas, Joyalukkas is a global jewellery brand with over 150 showrooms across 11 countries. It offers diverse collections in gold, diamonds, platinum, and gemstones.

Tribhovandas Bhimji Zaveri (TBZ)
Business: Retail Jewellery
Location: Zaveri Bazar, Kalbadevi, Mumbai, Maharashtra – 400002
Established: 1864

Overview: TBZ is renowned for its innovative designs and exceptional craftsmanship. With over 158 years of experience, it remains a top choice for wedding, celebratory, and everyday jewellery.

Demand for Commercial Real Estate in India

Office Space: The demand for office spaces is growing, particularly in major cities, as multinational companies and startups seek modern, secure locations. This trend is driving continuous growth in commercial office construction and leasing.

Rental Property: India’s rental market is thriving, with many opting for rentals due to flexibility and cost-effectiveness. Cities with robust job markets see high demand for rental properties, prompting real estate developers to invest in residential and commercial developments.

The robust demand for commercial real estate is stimulating construction activities, boosting the economy, and creating job opportunities in the real estate sector. It also influences property prices and rental rates, impacting the overall affordability of urban real estate.

Impact of Jewellery Companies on India

Jewellery companies significantly impact India’s economy and cultural heritage. Integral to the country's traditions, jewellery plays a vital role in weddings and festivals. It is also a major export sector, contributing valuable foreign exchange. The global demand for Indian jewellery cements India’s position as a leading exporter in the gems and jewellery market.