Top 5 Jewellery Franchise Opportunities In India
The love for jewellery in India holds a whole different place in our heart, be it a wedding or a birthday gift, jewellery seems the most precious gift to delight the heart of our loved ones and present them a striking and momentous perk. This leading demand and emerging trends in the jewels are so captivating that the jewellery industry in India is flourishing rapidly. India’s jewellery consumption contributes to nearly 29% of global jewellery consumption. As per the analysis done by ibef, the jewellery sector in India is one of the fastest-growing sector that is forecasted to hold roughly $103.06 billion worth by 2023. After all, Indians believe in a safe investment, and what can be the safest investment than buying jewellery? Since the demand and growth of jewellery are exuberant in India, it’s the right time for passionate entrepreneurs like you to strike out gold by investing in some of the most lucrative jewellery franchises now. Here is a list of the top 5 jewellery franchise opportunities in India that you can explore and reap fruitful progress in the future.
Top 5 Jewellery Franchise Opportunities In India:
Flaunt Basket is a notable jewellery brand that was commenced in 2015, and the brand offers the most glamorous jewellery with premium quality and elegant designs. Every silver jewellery is precisely fabricated from 92.5% silver that gives a unique and exquisite look to the jewellery. The brand has an extensive array of designer jewellery that ranges from traditional to western, daily silver jewellery, and many more. The wide portfolio of products includes alluring chains, rings, earrings, anklets, pendants, and many more. The diamond and platinum jewellery has an enchanting artistic design that gives a glowing and charming look on each of the auspicious occasions. Flaunt Basket serves exactly the kind of jewellery that makes you flaunt on various occasions. The brand has its huge manufacturing houses located across the globe in various places like Turkey, Thailand, Italy, Hong Kong, and many more. The sale of jewellery is executed with utmost transparency between the brand and customers to ensure trustworthiness along with exquisite services. Now the brand is eyeing to offer jewellery franchise business opportunities in India at comparatively low investment. So if you are an ardent entrepreneur looking to explore the jewellery industry, this opportunity is stunning for you to invest in right now.
Investment: 20-30 lakhs
Space: 250-500 sq ft.
Ratna Mani Jewellers:
Ratna Mani Jewellers is a pioneering jewellery brand in India that offers vast varieties of intriguing jewellery that guarantee 100% purity. The jewellery offers to customers possess qualitative features and have BIS Hallmark Gold. The diamonds offered by the company comes with an independent certification that ensures customers regarding the pureness and quality. Apart from offering jewellery and diamonds, the brand also offers its quick-fix services that involve minor jewellery repairing, free jewellery cleaning, customized jewellery making, and karat meter for jewellery checking. The decorous designs fabricated on the jewels and diamonds come with a number of varieties ranging from delicate filigree to Rajasthani Kundan, temple jeweller, hunaghari polki, iris diamond, colour stones, solitaire illusions, and timeless nakashi, and many huge diamond collections. The brand offers promising jewellery franchise opportunities in India at the low-cost requirement and provide high and quick ROI to the franchise partner. The brand is swiftly emerging across various places in major cities in India. Since it’s a low-cost franchise opportunity, any budding entrepreneur with a low-budget can grab it and make the most out of it.
Invetsmnet: 15-20 lakhs
Space: 250-500 sq ft.
Zoniraz is a leading and fastest-growing jewellery manufacturer, wholesaler, retailer, and exporter in India. The brand offers a wide array of services in the jewellery industry in the global market including India for the past 50 years. The brand has an artistic skill of forging charming designs on precious golds, diamonds, gems, and stones. Since the brand has been serving its services for too long now, it has gained firm trust-worthy brand recognition and a large customer-based network through its qualitative and wide collection of numerous jewellery products. At present, Zoniraz is eyeing to present its latest brand of real diamond, gold, birthstones, and jewellery in the market with ethnic designs. In today’s leading digital era, Zoniraz is striving to stay connected with its customers online by offering enthral products to its customers. Due to Zoniraz prominent brand image in the market and wide array of services, the brand is all set for expansion in India through its lucrative franchise opportunities.
Investment: Above 10 crore
Space: 500-750 sq ft.
Zivarah is an eminent jewellery brand that was established in 1970. The brand offers 100% Hallmarked jewellery products with a 100% buyback guarantee to customers and also offers its efficient after-sale services as well. All jewellery provided by the brand is certified and the diamonds weigh lesser encryption as well. The brand itself manufactures the jewellery and it also has its wholesale business segment in the jewellery industry. The striking and modish jewellery and diamonds come at a reasonable price range and provide delightful satisfaction to customers. At present, the brand is uniquely leading in the retail chain across India through which it offers its compelling jewellery through a professional network. Currently, the brand is also focusing on providing timely and low-cost delivery services to its customers in India. And due to Zivarah’s gripping expansion is spreading quickly, it is offering fascinating franchise opportunities in India. The brand provides great operational support, attractive ROI, and training to the franchise partner.
Investment: 40-50 lakhs
Space: Less than 250 sq ft.
Kasturi Diamond was inaugurated in 2015 in India. It is a promising jewellery brand in India that offers a wide range of jewellery, accessories, diamonds, and many other appealing products. The brand provides a money-back guarantee to the customers up to 12 months EMI option with zero interest rates. This agreeable feature is provided by the brand to enhance customer satisfaction and provide them with standard products. Apart from this, the brand also offers a stirring benefit of a lifetime exchange policy through which they can change the design of jewellery for every 12 months with the same charge. At present, the Kasturi Diamond is successfully running 3+ franchise outlets across India. The brand offers ROI up to 25%, timely training, and a quick management system to its franchise partner. With several gainful advantages, investing in the Kasturi Diamond franchise can be a good choice to start your jewellery business in India and expand your striking business.
Investment: 2-5 crore
Space: 750-1000 sq ft.
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Written by: Fadheela Aslam
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