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Tara Jewels Ltd. To Increase Retail Footprint through the Franchise Model

Tara Jewels franchise in india
Tara Jewels franchise in india

Mumbai, 1st Dec 2014: Tara Jewels Ltd., an integrated fine jewellery company, is set to expand on a PAN- India basis through franchise. Tara Jewels boasts of 18 years of international retail experience and is recognized for its manufacturing prowess and highly developed designing skills which has committed itself to providing a more international, transparent and educative shopping experience.

Tara Jewels Ltd. is a public listed company with experience ranging from designing to manufacturing and retailing of jewellery with a portfolio of products that includes studded gold, platinum and silver jewellery. It was recognised as the ‘Global Supplier of the Year’ by Walmart in 2005 & 2007, ‘Star Trading House’ by Ministry of Commerce & Industry  in 2009 & 2010 and ‘Overall Excellence Award’ for being the second highest exporter of studded precious metal jewellery by GJEPC in 2007, 2008 & 2009.

The company has three manufacturing facilities spread across approximately 53,000 sq ft and is one of the largest studded jewellery exporters from India since 2001. Tara Jewels has been a pioneer in jewellery manufacturing with known patented technologies which have revolutionized jewellery manufacturing to maximize productivity.

Tara Jewels growth can be attributed its range of over 50,000 designs that cater to a diverse audience across 20 countries in five continents. We provide to retailers across Australia, Canada, China, New Zealand, Russia, South Africa, the United States, the United Kingdom as well as the rest of Europe. Our quality products and technical expertise has led Tara Jewels to partnerships and co-branded initiatives with renowned brands and designers across the globe.

After experiencing success in manufacturing and international retail, Tara Jewels set up its India jewellery retail business in 2010 under the brand name Tara Jewellers. Tara Jewellers currently operates company owned stores across Metros, Tier I, Tier II and Tier III Indian cities.

A Tara Jewellers store displays a wide variety of BIS hallmarked gold and internationally certified diamond jewellery catering to the quintessential contemporary Indian woman who is versatile, confident and proud of the life she leads.

 

Every Tara store boasts of a striking decor in grape palettes coupled with contemporary furniture, bold displays and modern lighting, aimed at bringing out the intricate detailing of the jewellery. The ambient lighting, comfortable chairs, well planned layout and novel display walls promise to provide a comfortable shopping experience to the customers. The salient features of a Tara Jewellers store are the Browse Wall, the Education Wall; an Open Workshop; the Collection Wall; the Consultation Table and Karatmeter.

 

Tara Jewellers has an efficient management team with a rich experience in the field of luxury and fashion retail. It was awarded the ‘Print Campaign of the Year’ at the Retail Jewellers India Awards in 2012, followed by the ‘Best Store Design-Single Brand’ award at the Economic Times Retail Awards and the ‘Luxury Retailer of the Year’ award at the Star Retailer Awards by Franchise India in 2013.

 

To facilitate further expansion, Tara Jewellers intends to launch franchise outlets with a minimum investment of 1000 sq ft from franchise partners.

 

Mr. Vikram Raizada, Executive Director & CEO – Retail, Tara Jewels Ltd. said, “Jewellery is integral to the Indian DNA and plays an important part in life occasions like births, birthdays, engagements, weddings, anniversaries and festivals. The demand for jewellery is expected to show a steady increase, making the jewellery business a lucrative opportunity for investors.”

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