How to Start a Jewellery Franchise in India: A Step-by-Step Guide

on May 23, 2025 | 17062 views

Written By: Gouri Ghosh

Whether you are looking to tie up with a luxury gold brand or venture into the burgeoning field of artificial jewellery franchise in India, this handbook will take you through the step-by-step process, right from planning and investment to launch and growth.

Are you entering the brilliant world of gems, gold, and glitz? If so, becoming a jewellery franchisee in India could be your golden chance. India is not only crazy about jewellery—it's one of the world's largest jewellery markets, especially for gold and diamonds. From weddings to festivals, jewellery is deeply embedded in the culture and emotions of Indians nationwide.

What is most appealing about franchising is that it enables you to enter into this thriving industry without having to start from ground zero. Rather than establishing a brand yourself, you get to leverage the name, credibility, and systems of an existing successful jewellery business.

Why select a Jewellery Franchise in India in 2025?

India's romance with jewellery is ageless. For weddings and festivals, jewellery is an emotional and monetary investment for the majority of families. Moreover,

  • Constant Demand: Jewellery is an integral part of Indian culture and lifestyles, providing consistent year-round sales.
  • Brand Power: Franchising enables you to trade under an established brand name, minimizing the necessity to gain customer trust anew.
  • Faster Market Entry: Mature franchise systems offer turn-key operations, enabling you to get started faster and more effectively.
  • Training and Support: Most franchisors provide total support, including store layout, inventory control, and employee training.
  • Higher ROI Potential: High brand recognition frequently results in quicker profitability than in independent jewellery shops.
  • Flexible Investment Options: Whether you're looking at a high-end brand or an artificial jewellery franchise in India, there's a wide range of opportunities to suit different budgets.

Step 1: Are You Ready to Run a Jewellery Franchise?

Before leaping into the sparkle and glitz of the jewellery industry, take a moment to determine if you are really ready for the ride. A jewellery franchise in India can be very rewarding—but only if you're willing to accept the challenge it entails.

Here's what to consider:

Investment Requirements

To open a jewellery franchise, particularly a high-end one, requires a huge initial investment. The cost of a jewellery franchise in India may begin at ₹30–50 lakhs for a mid-level brand, and extend to ₹2 crore or more for a jewellery franchise in India with high investment. 

Business Mindset

Do you thrive in a customer-confronted, sales-oriented setting? Operating a jewellery store takes more than capital—it takes leadership, a keen eye, and a passion for high-end retail.

Time Commitment

The franchisors do offer operational assistance, but success rests in how engaged you are in day-to-day operations, managing staff, and serving customers. 

If you're self-assured in all three areas, you're already on the right track.

Step 2: Learn About the Top Jewellery Franchise Brands

Here's where planning and opportunity meet. The Indian jewellery sector has it all—from high-end gold chains to cool artificial jewellery franchises in India. The right brand to go with will depend on your investment potential, target market, and business intentions.

Bestselling categories and examples:

Big Players (High Investment)

Reputable national names such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds need more financial investment but boast the trust of millions of people.

Regional Gems (Medium Investment)

Strong regional followings are provided by names such as Tribhovandas Bhimji Zaveri (TBZ), Senco Gold, and Joyalukkas and support competitive franchisee models.

Brands like Voylla, Sia Art Jewellery, and Zaveri Pearls are best if you're seeking a cost-effective entry with high-turning, trend-oriented inventory.

What to compare while shortlisting brands:

  • Franchise fees and regular royalty percentages
  • Brand reputation, customer loyalty, and market reach
  • Support systems – training, marketing, and inventory management
  • Expected return on investment (ROI) – how quickly you can begin to reap profits

Step 3: Get Your Finances and Legalities in Place

Once you've chosen your desired brand, it's time to get down to the nitty-gritty: money, paperwork, and compliance with the law. This phase won't win any awards, but it's essential for a successful launch.

Legal Requirements:

  • Licenses and Registrations: Depending on your state and the category of jewellery you're selling, you'll require:
  • GST Registration:BIS Certification (compulsory for selling gold)
  • Shops & Establishments Act Registration
  • Local municipal trade license
  • Trademark and Brand Protection: Ensure the franchisor owns all statutory rights to their brand name and product designs—this safeguards you against any future IP-related issues.
  • Assess your sources of funds. 

Account for All Costs

Apart from the franchise fee, don't leave out the expenses for:

  • Store setup – interior design, furniture, branding items
  • Security – CCTV, safes, cover for high-value inventory

Step 4: Location, Setting Up Your Store

Pick a place on a bustling thoroughfare, such as a shopping mall, luxury shopping avenue, or business bazaar recognized by retail businesses.

Principal Concerns:

  • Space size and layout: Observe brand specifications regarding area, interior space, and showplace areas.
  • Display lighting and safety precautions: Effective lighting makes the appearance of jewellery better; safety is a prerequisite for high-value inventory.
  • Convenient access and parking: Help customers easily find and access your store, along with good parking facilities.

All well-established brands will guide you in designing a store, planning the layout, and installing the infrastructure to keep the look and feel uniform at all outlets.

Step 5: Hire and Train a Customer-Focused Team

Jewellery buying tends to be personal and emotional. Your staff needs to make every customer feel valued and confident about their purchase.

What to highlight:

  • Appoint experienced personnel: Salespersons should understand how to handle high-end products and assist customers tactfully. Consider adding trained security personnel, too.
  • Utilize franchisor training programs: These ensure uniform service, product expertise, and operating standards.
  • Emphasize grooming and communication: Elegant behavior, soft skills, and ethical behavior are paramount in upscale retailing.

Step 6: Launch with a Bang

Successful launch tips:

  • Soft opening: Host close networks and local influencers for a sneak preview.
  • Marketing push: Promote locally via digital platforms, newspapers, and radio to generate awareness.
  • Work with the franchisor: Most brands assist with launch kits, PR, and promotion offers.

Step 7: Manage and Grow Your Franchise

Once you’re up and running, your focus should shift to stability, performance, and growth.

Track sales patterns: Identify top-selling items and adjust displays and marketing to match demand.

Make expansion plans: If your store does well, consider developing an additional outlet or an e-commerce division.

Overcoming Common Challenges

As with any business, operating a jewellery franchise in India has its own set of challenges. The trick is to expect these obstacles and have preventive methods in place. This is how to overcome the most prevalent ones:

  • High Competition: Emphasis on customer experience, one-on-one service, and strong local presence through events, partnerships, and community involvement.
  • Security Risks: Invest in sophisticated surveillance systems, alarm installations, safes, insurance, and make detailed background checks on every staff member.
  • Price Sensitivity: Offer a combination of pricing levels like lower-cost, more modest collections in addition to exclusive pieces. Give convenient EMI facilities or festival offers to bring the costs within reach.
  • Gold Price Volatility: Balance your inventory with a combination of gold, silver, and artificial jewellery to minimize risk. 
  • Staff Turnover: The jewellery industry requires skilled, dependable staff. Invest in retention programs like incentives, career development plans, and frequent training to reduce attrition.
  • Inventory Management: Employ franchisor-backed POS systems to track and restock in real time.
  • Changing Consumer Trends: Keep in touch with trends such as light designs, bespoke pieces, or eco-friendly jewellery and modify your line accordingly.

Conclusion

Opening a jewellery franchise in India is not merely a business decision—it's an entrance into a society founded on beauty, heritage, and enduring value. From gold bridal sets to fashionable replica jewelry, Indian jewelry isn't just worn—it's treasured.

The secret is to start smart: do your research, choose a brand that fits your goals, and commit fully to it.

FAQs

1. What is the typical jewellery franchise cost in India?

It can range from ₹30 lakhs for smaller or artificial jewellery brands to over ₹2 crore for premium gold and diamond brands.

3. How soon will I break even on a jewellery franchise?

Generally, 2–3 years depending on location, brand, and customer traffic.

4. Do I require previous experience to begin a jewellery franchise?

Not necessarily. Most franchisors offer training and operational assistance to new business owners.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.

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