Archive · 15 Dec 2025

Joyalukkas Plans ₹3,600 Crore Expansion by FY27

Joyalukkas Plans ₹3,600 Crore Expansion by FY27

Joyalukkas, a big jewellery company, is going to spend ₹3,600 crore to open 40 new stores by the next financial year.

This will make their total number of stores 230.

Some of these new stores will be in new countries like New Zealand and Canada.

The company thinks their money from sales will grow to ₹35,000 crore next year and ₹41,000 crore the year after.

They are also going to hire more people, making their total employees about 13,000.

Even though gold prices are high, the company is doing well by selling more expensive and lighter jewellery.

They are also helping people by building homes and old age homes.

Plus, they ordered a fancy new airplane for ₹350 crore.

Sources