Kalyan Jewellers has established Kalyan Gold and Diamond Jewellery Ltd. in Surrey, UK, marking its strategic entry into the British market. The company, which currently operates 349 showrooms globally, including 253 in India and 36 in the Middle East, plans to expand with 170 new locations by FY2026. This expansion follows strong financial performance, with 39% consolidated revenue growth in Q3 FY2025, positioning the company for significant growth in Europe’s prestigious jewelry market.
Main Highlights
- Kalyan Jewellers established its UK subsidiary, Kalyan Gold and Diamond Jewellery Ltd., registered at Dixcart House in Surrey.
- The UK expansion represents a strategic entry into Europe’s prestigious jewelry market, scheduled for August 2, 2024.
- The subsidiary was registered with company number 15873057 and initial subscribed capital of £1,000.
- The company specializes in retail operations for watches and jewelry under SIC code 47770.
- This expansion follows Kalyan’s successful global presence of 349 showrooms across India, Middle East, and United States.
Kalyan Jewellers continues its global expansion with the establishment of Kalyan Gold and Diamond Jewellery Ltd. in the United Kingdom, marking the company’s strategic entry into the British market. The new subsidiary, registered at Dixcart House in Surrey with company number 15873057, represents a significant step in the company’s international growth strategy. This British expansion positions Kalyan Jewellers to tap into one of Europe’s most prestigious jewelry markets whilst building on its successful presence across multiple continents.
The company’s market entry comes at a time when Kalyan Jewellers is experiencing substantial growth across its existing operations. With 349 showrooms globally, including 253 in India, 36 in the Middle East, and one in the United States, the jewelry retailer has demonstrated its capability to operate successfully in diverse international markets. The addition of the British subsidiary aligns with Kalyan’s aggressive expansion plans, which include opening 170 new showrooms across its various formats by FY2026. The new UK subsidiary was established with an initial subscribed capital of £1,000, demonstrating a measured approach to market entry. The company’s recent same-store sales growth of 24% demonstrates strong consumer demand and market acceptance across its retail network.
Financial performance indicators support the timing of this strategic move. The company recently recorded a 39 per cent consolidated revenue growth in Q3 FY2025 compared to the previous year, whereas its Middle East operations contributed 11 per cent to consolidated revenue with a 22 per cent growth rate. These strong financial metrics indicate the company’s robust foundation for international expansion. Like industry leaders such as Blue Nile online, Kalyan Jewellers emphasizes transparency in pricing and comprehensive product information to build customer trust.
Kalyan’s entry into the British market through its specialized retail operation focusing on watches and jewelry (SIC 47770) demonstrates its commitment to maintaining its premium market positioning whilst adapting to local market demands. The establishment of Kalyan Gold and Diamond Jewellery Ltd. on August 2, 2024, represents a calculated step in the company’s international growth path.
The expansion is part of a broader growth initiative that includes the planned opening of 30 additional Kalyan showrooms and 15 Candere showrooms in India. This parallel domestic and international expansion strategy showcases the company’s capacity to pursue multiple growth avenues while maintaining operational excellence across its existing network.
The company has developed a deep awareness of customer preferences across different markets through its extensive “My Kalyan” grassroots network and diverse product portfolio. This experience will be invaluable as Kalyan Jewellers establishes its presence in the British market, where it aims to merge its traditional strengths with local market requirements to create a successful retail operation.
Andrew Wilson
Andrew Wilson is a seasoned writer specializing in the jewellery industry and news. His career began in the newspaper industry, where he honed his reporting skills and developed a keen eye for detail, laying the foundation for his meticulous research in later writing endeavors. Transitioning into marketing, Wilson gained valuable insights into consumer behavior and market trends, enriching his understanding of the jewellery industry when he embraced full-time writing about 15 years ago. In 2019, he discovered a passion for jewellery writing, focusing on market trends and innovative designs. A member of the International Gem Society, Andrew's work is characterized by thorough research and accuracy, offering comprehensive insights into the jewellery world. He occasionally adopts pseudonyms to cater to different audiences and business needs, serving a diverse clientele, including numerous jewellery businesses. Recognized for his unique blend of industry knowledge, research prowess, and engaging writing style, Wilson is dedicated to demystifying the jewellery industry, making it more accessible and understandable to both enthusiasts and professionals.
