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Kalyan Jewellers

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Kalyan Jewellers India limited
Company typeIndia limited
IndustryJewellers
Founded1993
FounderT.S. Kalyanaraman
HeadquartersThrissur, Kerala
Area served
India
Key people
T.S. Kalyanaraman (Chairman & MD)
Sanjay Raghuraman (CEO)[1][2]
ProductsJewellery
Revenue−94.73 billion (US$−1.1 billion)
OwnerKalyan Group
Number of employees
8,000
Websitehttps://www.kalyanjewellers.net

Kalyan Jewellers is an Indian jewellery showroom chain.[3] From a single showroom, single city presence, today, Kalyan Jewellers is present across all major cities in the country and also has a presence in West Asia with over 8000 employees worldwide.[4]

History & Evolution

Kalyan Jewellers showroom in Thrissur City, Kerala

Kalyan Jewellers was founded by T. S. Kalyanaraman, who opened the first jewellery showroom in 1993 in Thrissur, Kerala, India with an initial capital of 7.5 million (US$90,000).[5] Kalyan Jewellers is one of the largest jewellery manufacturer distributors in India. The company also has strong roots in the textile trading, distribution and wholesale business.

Initially, Kalyan Jewellers strengthened their presence in the South Indian states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and Telangana. In 2012, they expanded outside South India by opening a showroom in Ahmedabad, Gujarat and signed Amitabh Bachchan as their first National Brand Ambassador.[6]

In 2013, Kalyan Jewellers entered International markets by opening six showrooms on the same day in UAE.[7] Since then it has grown to operate 30 showrooms in the Middle East across UAE, Qatar, Kuwait and Oman. As of February, 2020 Kalyan Jewellers has a wide presence of over 137 showrooms, of which 107 are in India.[8]

The company has also set up ‘My Kalyan’, a customer service center, offering advance booking for wedding purchases, Kalyan Gold Purchase Advance Scheme, Gold Insurance for gold ornaments, etc. Currently there are over 761 ‘My Kalyan’ outlets in India.[9][10]

Brand ambassadors

In 2012, Kalyan Jewellers signed Amitabh Bachchan as its first National brand ambassador. Amitabh Bachchan and Jaya Bachchan are the Global brand ambassadors while their daughter Shweta Bachchan Nanda is the celebrity influencer.[11][12] Later, Katrina Kaif was also roped in to endorse the brand globally in April 2018.[13]

Kalyan Jewellers has also partnered with a number of leading celebrities to be regional brand ambassadors including Manju Warrier in Kerala, Nagarjuna Akkineni in Andhra Pradesh and Telangana,[14] Shiva Rajkumar in Karnataka, Prabhu Ganesan in Tamil Nadu.[15]

In the past, Kalyan Jewellers has been represented by Bollywood celebrities like Sushmita Sen,[16] Aishwarya Rai[17] and Sonam Kapoor.[18] Shah Rukh Khan has represented Kalyan Jewellers in the Middle East.[19][20]

Aishwarya Rai Bachchan was paid 100 million (US$1.2 million) per year for a two-year deal with Kalyan Jewellers to be a nationwide brand ambassador, which was formerly Sushmita Sen. The advertising and marketing budget of Kalyan is around 900 million (US$11 million)[21]

Recently Kalyan Jewellers has signed a number of regional brand ambassadors like Pooja Sawant in Maharashtra, Kinjal Rajpriya in Gujarat, Wamiqa Gabbi in Punjab and Ritabhari Chakraborty in West Bengal.[22]

Kalyan Jewellers has also partnered with a number of leading celebrities to be regional brand ambassadors in Sub brands like Laya and Apoorva.[23]

Philanthropy

In March 2020, Kalyan Jewellers released 100 million (US$1.2 million) fund for COVID-19.[4]

Product Lines

Over the years, Kalyan Jewellers has launched various product lines. Some of their jewellery collections are:[24][25][26][27]

  • Muhurat – Wedding jewellery
  • Mudhra – Handcrafted antique jewellery
  • Nimah – Timeless heritage jewellery
  • Anokhi – Uncut diamond jewellery
  • Rang – Precious stones jewellery
  • Tejasvi – Polki diamonds jewellery
  • Ziah – Diamond jewellery collection
  • Laya – Contemporary gold & diamond jewellery
  • Glo – Dancing diamond jewellery
  • Vedha – Heritage jewellery with Uncut diamonds
  • Apoorva – Diamonds
  • Hera – Daily wear diamonds

Awards & Recognition

  • Superbrands 2019-20 award for India's Most Preferred Jewellery Brand[28]

References

  1. ^ https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/kalyan-jewellers-appoints-sanjay-raghuraman-as-ceo/articleshow/76747425.cms?from=mdr
  2. ^ https://www.business-standard.com/article/companies/kalyan-jewellers-appoints-sanjay-raghuraman-as-ceo-names-new-directors-120070200511_1.html#:~:text=Warburg%20Pincus%2Dbacked%20Kalyan%20Jewellers,was%20named%20as%20Independent%20Director.
  3. ^ "The success story of Kalyan Jewellers". Rediff. 15 March 2012. Retrieved 9 December 2018.
  4. ^ a b Ghosal, Sutanuka (28 March 2020). "Kalyan Jewellers earmark Rs 10 cr for Covid-19 relief work". The Economic Times.
  5. ^ "How Kalyan Jewellers Rose To International Prominence". Forbes India. Retrieved 15 May 2020.
  6. ^ Bureau, Our. "Bachchan signs up as Kalyan Jewellers brand ambassador". @businessline. {{cite news}}: |last1= has generic name (help)
  7. ^ "Kalyan Jewellers opens six showrooms in UAE". www.indiainfoline.com.
  8. ^ "INDIA TODAY CONCLAVE-Kalyan Jewellers | IndiaToday". www.indiatoday.in.
  9. ^ "Kalyan Jewellers plans pan-India growth to double revenues in five years". www.businesstoday.in.
  10. ^ "Kalyan Jewellers launches 16 My Kalyan stores in Mumbai". The Economic Times. 15 January 2014.
  11. ^ "Amitabh, Jaya Bachchan to feature in new jewellery ad". The Economic Times. 2 November 2015.
  12. ^ Tewari, Saumya (18 July 2018). "Amitabh Bachchan, daughter Shweta feature in Kalyan Jewellers' silver jubilee ad". Livemint.
  13. ^ www.ETBrandEquity.com. "Katrina Kaif roped in by Kalyan Jewellers as the brand's global ambassador - ET BrandEquity". ETBrandEquity.com. Retrieved 15 May 2020.
  14. ^ "Manju Warrier to Akkineni Nagarjuna: Kalyan jewellers sparkles with myriad regional stars". The New Indian Express.
  15. ^ "Kalyan Brand Ambassador Illayathilakam Prabhu Ganesan delight crowd | RITZ". RITZ Magazine. 24 December 2016.
  16. ^ "Sushmita Sen for Kalyan Jewellers". South Asian Bride Magazine. 27 September 2013.
  17. ^ "Kalyan Jewellers enters Delhi market, brand ambassador Aishwarya Rai Bachchan inaugurates showrooms". The Financial Express. 22 March 2014.
  18. ^ "Kalyan Jewellers ropes in Sonam Kapoor as new brand ambassador". The Economic Times. 14 March 2016.
  19. ^ Reporter, Staff. "Kalyan Jewellers patrons meet Bollywood superstar Shah Rukh Khan". Khaleej Times.
  20. ^ "SRK inaugurates 3 Kalyan Jewellers showrooms in 3 countries in 1 eventful day". Everything Experiential.
  21. ^ "Kalyan Jewellers charts expansioYean, with Rs 90 cr marketing budget with". Campaign India. Retrieved 18 August 2012.
  22. ^ Laghate, Gaurav (3 June 2019). "Kalyan Jewellers picks regional stars as brand ambassadors". The Economic Times.
  23. ^ "Kalyan Jewellers opens new showroom in Dubai". tradearabia.com.
  24. ^ "Kalyan Jewellers' Muhurat matches the sensibilities of brides from different regions in India". www.indulgexpress.com.
  25. ^ "Kalyan launches Ziah range of signature diamond jewellery". Gulf-Times (in Arabic). 1 June 2017.
  26. ^ "Kalyan Jewellers opens two new showrooms in UAE – Industry Herald24".
  27. ^ Cariappa, Anuj (18 October 2019). "Diwali offer: Kalyan jewellers offers discounts, giveaways to lure buyers". oneindia.com.
  28. ^ "Kalyan Jewellers Wins the Superbrands 2019-20 title". Agency Reporter. 12 February 2020. Retrieved 22 May 2020.