Palmonas’s Rs 373-crore funding story reveals how targeting the underserved middle market, building a strong brand, and executing omnichannel growth can redefine success for modern jewellers in India.

PNG Jewellers inaugurated its 72nd showroom on Medical Road in Gorakhpur on March 15, 2026, marking its first store in the city as part of the brand’s ongoing North India retail expansion.

PNG Jewellers inaugurated a 4,500 sq. ft showroom in Uran, Navi Mumbai on March 13, 2026, taking its retail network to 70 stores. Actress and brand ambassador Madhuri Dixit inaugurated the outlet.

Senco Gold & Diamonds opened its first Ambikapur store on January 27, expanding to four outlets in Chhattisgarh, to increase retail reach across Surguja and surrounding regional jewellery markets.

Despite soaring gold prices, steep tariffs and rising crime, US jewellery sales continue to climb in 2025 — driven by resilient consumer demand, strong independents and a smaller but stronger retail base.

Jewellery retailer Senco Gold delivered a strong performance in the first quarter of FY26, clocking a 28% year-on-year rise in total revenue, buoyed by festive demand and rapid retail expansion. Retail revenue alone saw a 24% increase, reflecting strong consumer sentiment and footfall across the company’s expanding showroom network

Omnichannel jewellery brand expands retail footprint and maintains growth momentum amid rising competition

Senco Gold & Diamonds expects its non-jewellery business, spearheaded by its newly launched subsidiary Sennes Fashion, to contribute 5% of total revenue within the next four to five years

P N Gadgil Jewellers, one of Maharashtra's leading organised jewellery players, is set to launch its Initial Public Offering (IPO) from September 10 to 12, 2024

Grand Unveiling: Malabar Gold & Diamonds Opens Latest Store in Omaxe Chowk, Chandni Chowk

The IPO, valued at Rs 405 crore, garnered subscriptions 73 times higher than the shares on offer. With significant oversubscription in the institutional investor and retail categories, Senco Gold's IPO has generated substantial market interest.

Titan Industries, the leading Indian jewelry brand known for its flagship line Tanishq, expects to see a rise in the contribution of diamond-studded jewelry from 26% to 30% in the next two to three years.

The move is part of a plan to more than double its jewellery business by FY27

The outlet will house the latest diamond jewellery collection from ORRA, with exclusive bridal designs