Gold holds a unique place in Indian culture. Be it weddings, festivals, or even regular occasions, every Indian wants to adorn themselves with jewellery. India ranks second in global gold consumption, with the jewellery market size valued at USD 94 billion.

The organized branded jewellery space is gaining ground rapidly due to increased consumer inclination towards hallmarked products and the entry of BIS (Bureau of Indian Standards).

This article lists the top 10 jewellery brands in India, their founders, parent companies, years of establishment, headquarters, and specialisations.

Quick Comparison

Rank	Brand	Parent Company / Owner	Founded	HQ	Speciality
1	Tanishq	Titan Company Ltd (Tata Group)	1994	Bengaluru	India’s most trusted jewellery brand
2	Malabar Gold & Diamonds	Malabar Group (M.P. Ahammed)	1993	Kozhikode, Kerala	Largest privately owned jewellery retail chain
3	Kalyan Jewellers	T.S. Kalyanaraman	1993	Thrissur, Kerala	National jeweller; wedding and daily wear jewellery
4	Joyalukkas	Joy Alukkas (Joyalukkas Group)	1987	Thrissur, Kerala	Bridal & luxury gold; global network
5	Senco Gold & Diamonds	Senco Gold Ltd (Sen family, Kolkata)	1938	Kolkata, WB	Eastern India’s iconic jewellery brand
6	PC Jeweller	PC Jeweller Ltd (Balram Garg)	2005	New Delhi	North India’s leading jewellery chain
7	CaratLane	CaratLane (Mithun Sacheti; Titan-backed)	2008	Chennai	Digital-first modern jewellery
8	P.N. Gadgil Jewellers	PNG Jewellers Ltd (Saurabh Gadgil)	1832	Pune, Maharashtra	India’s oldest jewellery brand
9	Reliance Jewels	Reliance Retail Ltd	2007	Mumbai	Urban, modern, fashion-forward jewellery
10	Bhima Jewellers	Bhima Group (Thrissur family)	1925	Thrissur, Kerala	Traditional gold; South India stronghold

Tanishq—India’s Most Trusted Jewellery Brand

Image Courtesy:Tanishq(Official Website)

• Founded: 1994
• Owner: Titan Company Limited (Tata Group)
• HQ: Bengaluru, Karnataka

Tanishq jewellery brand was launched as a TATA jewellery venture in the late 80s and started retail sales in 1994. Currently, it enjoys the highest market share (7-8%) among India’s organized jewellery retailers.

The brand offers gold, diamond, and platinum jewellery through its 400+ stores in India, UAE, USA, Singapore, and Qatar. As per YouGov’s recommended score, Tanishq holds the first position (90.2) in India’s jewellery brand trust rankings.

What it does: Designs, develops, and retails gold, diamond, and platinum jewellery.

Products: Gold, diamond, and platinum jewellery – bridal (Rivaah), everyday wear, platinum jewellery, gold exchange.

Services: Gold hallmarking; CaratLane sub-brand for digital jewellery retail; platinum hallmarking.

Malabar Gold & Diamonds—Largest Privately Owned Organisation

Image Courtesy:Malabar Gold & Diamonds(Official Website)

• Founded: 1993
• Founder: M.P. Ahammed
• HQ: Kozhikode, Kerala

Malabar Gold & Diamonds was launched by renowned jewellery magnate M.P. Ahammed in Kozhikode in 1993. Malabar Group has been one of the most aggressive jewellery retail chains in expanding its global presence.

The brand has over 345+ showrooms in 13 countries and is one of India’s leading diamond jewellery retailers.

What it does: Retails gold, diamond, and platinum jewellery with large format showrooms in India and other countries.

Products: Gold, diamond, platinum jewellery; certified diamonds; customized jewellery; digital gold; gold exchange.

Services: large format showrooms; blockchain technology for tracking jewellery; gold hallmarking; bridal collection; digital gold; gold exchange; savings schemes; credit facilities.

Kalyan Jewellers—National Chain of Wedding Jewellery Retailers

Image Courtesy:Kalyan Jewellers(Official Website)

• Founded: 1993
• Founder: T.S. Kalyanaraman (Chairman and Managing Director)
• HQ: Thrissur, Kerala

In 1993, T.S. Kalyanaraman started this jewellery retail venture from his hometown, Thrissur. His sons—Rajesh and Ramesh—played a pivotal role in taking Kalyan jewellery to all parts of Kerala and, eventually, the nation.

In 2021, Kalyan Jewellers raised ₹800 crore through its IPO and has a collection of 300+ showrooms in India and the Middle East countries. It follows an FOCO (franchise- and company-owned) retail model and is one of the fastest jewellery retail chains to expand into Tier-2 and Tier-3 cities.

What it does: Designs and develops gold and diamond jewellery with an emphasis on weddings.

Products: Gold, diamond, and silver jewellery; gold exchange.

Services: Celebrity endorsements; transparent making charges; gold hallmarking; exchange schemes; sub-brands—Candere, Nimah, Anoki, Laya; savings schemes; credit facilities.

Joyalukkas—India’s Richest Jewellery Group

Image Courtesy:Joyalukkas(Official Website)

• Founded: 1987 (Abu Dhabi store); rebranded in 2005 as Joyalukkas Group
• Founder: Joy Alukkas (Chairman and MD)
• HQ: Thrissur, Kerala

The story of Joyalukkas began in 1987 when Joy Alukkas opened his first jewellery store in the United Arab Emirates. In 2005, he rebranded his jewellery retail stores under the brand name Joyalukkas.

Currently, the company operates 160 + jewellery retail stores worldwide. The flagship store in Chennai happens to be one of the world’s largest gold jewellery stores.

As per Forbes, India’s richest jeweller, Joy Alukkas, has a net worth of USD 4.4 billion. Joyalukkas specializes in gold, diamond, and platinum jewellery with an emphasis on luxury bridal gold jewellery. Notably, around 90% of Joyalukkas’ revenues are from South India.

What it does: Retails gold, diamond, and platinum jewellery – bridal, luxury, and everyday wear.

Products: Gold, diamond, and platinum jewelry—bridal collections; platinum hallmarking.

Services: Exchange schemes; platinum hallmarking; gold hallmarking; global retail presence; savings schemes.

Senco Gold and Diamonds—Eastern India’s Leading Gold Jewellery Retailer

Image Courtesy:Senco Gold and Diamonds(Official Website)

• Founded: 1938
• Founder: Sen family; MD & CEO: Suvankar Sen
• HQ: Kolkata, West Bengal

In 1938, Senco Gold Jewellery was founded in Chitpur, Kolkata, by the late renowned jeweller Shri Krishan Sen. It is a family-owned business run by Suvankar Sen and has been in the jewellery business for five generations.

Recently, Senco went public and emerged as one of eastern India’s most prominent gold jewellery retail chains. According to the FY23 disclosures, Senco registered a turnover of over ₹4,000 crores.

What it does: Designs and retails gold and diamond jewellery with traditional craftsmanship and contemporary collections.

Products: Gold, diamond, and silver jewellery.

Services: Gold hallmarking; traditional bridal designs; contemporary bridal collections; digital jewellery retail; exchange program; omnichannel retail.

PC Jeweller—North India’s Leading Jewellery Retailer

Image Courtesy:PC Jeweller(Official Website)

• Founded: 2005
• Founder: PC Jeweller Ltd; Balram Garg
• HQ: New Delhi

PC Jeweller, one of North India’s popular jewellery retail brands, was started in 2005 by Padam Chand Gupta and Balram Garg.

The company’s first jewellery store was launched in Karol Bagh, New Delhi. However, the brand faced financial challenges and is currently under new management.

What it does: Retails diamond, gold, and silver jewellery with a specialty in North India.

Products: Diamond, gold, and silver jewellery; bridal collections.

Services: Customized jewelry, exchange, and repair services.

CaratLane—Digital Jewellery Brand

Image Courtesy:CaratLane(Official Website)

• Founded: 2008
• Founder: Mithun Sacheti (Founder); Titan Company holds a majority stake
• HQ: Chennai, Tamil Nadu

CaratLane, a fine jewellery brand, was launched in India in 2008. It initially operated as an online jewellery store and emerged as one of the earliest digital jewellery retailers in the country.

In 2016, Titan Company acquired a majority stake in CaratLane. As of now, CaratLane operates 165+ stores in India and continues to be a preferred jeweller for young working women to buy everyday diamond jewellery.

What it does: Designs and retails everyday diamond and gold jewellery with a focus on urban women.

Products: Diamond and gold jewellery – everyday wear, bridal, and occasion.

Services: Try at home; virtual consultations; online customization; home delivery of jewellery; digital retail; available in 100+ cities.

P.N. Gadgil Jewellers—India’s Oldest Jewellery Retailer

Image Courtesy: P.N. Gadgil Jewellers(Official Website)

• Founded: 1832
• Founder: P.N. Gadgil
• HQ: Pune, Maharashtra

PNG Jewellers (trading as P.N. Gadgil) is India’s oldest jewellery retailer, founded in Pune in 1832 during the Peshwa era.

Recently, PNG went public and is expanding its retail presence across the country. As per the Hurun India Rich List 2025, the founder and chairman, Saurabh Vidyadhar Gadgil, has a wealth valued at ₹7,870 crore.

What it does: Retails gold, diamond, and silver jewellery with a legacy of 190 + years.

Products: Gold, diamond, and silver jewellery; bridal jewellery; festive collections.

Services: Digital marketing; online store; exchange and buyback; savings schemes.

Reliance Jewels—Corporate Retail Giant

Image Courtesy: Reliance Jewels(Official Website)

• Founded: 2007
• Founder: Reliance Retail Ltd. (Mukesh Ambani, Reliance Industries)
• HQ: Mumbai, Maharashtra

Reliance Jewels LLP was launched in 2007 as part of the Reliance Group’s foray into the lifestyle segment.

With the support of Reliance’s mall footprint, it is one of the most popular jewellery retail labels among India’s urban millennial women. Reliance Jewels has an estimated 3-4% share in India’s organized jewellery retail market.

What it does: Retails gold and diamond jewellery with a focus on urban buyers.

Products: Gold and diamond jewellery – everyday and bridal.

Services: BIS-certified jewellery; exchange; EMI facility; mall-based retail; EMI facility.

Bhima Jewellers—Traditional Gold Jewellery Retailer of South India

Image Courtesy: Bhima Jewellers(Official Website)

• Founded: 1925
• Founder: Bhima Group (founding family, Thrissur)
• HQ: Thrissur, Kerala

Bhima Jewellers is a popular jewellery label known for offering traditional gold jewellery to customers in Kerala, Tamil Nadu, and Andhra Pradesh. It was founded in 1925 in Thrissur—the capital city of Kerala, also known as India’s gold capital.

Over the years, Bhima has earned the reputation of being a century-old jewellery brand offering gold jewellery with superior purity.

What it does: Retail traditional and bridal gold jewellery.

Products: Traditional and bridal gold jewellery – South Indian designs; diamond jewellery.

Services: Gold exchange; savings schemes; gifting schemes.

FAQs

Which is the best jewellery brand in India?

Tanishq jewellery is India’s most trusted jewellery brand. With the highest organized market share (7-8%), Tanishq jewellery enjoys immense customer trust and loyalty. Tanishq has a YouGov-recommended score of 90.2%, making it India’s most recommended jewellery label.

Which is the oldest jewellery brand in India?

P.N. Gadgil jewellery has been in the business for over 190 years, making it India’s oldest jewellery brand.

Which brands are best for diamond jewellery?

Tanishq, Malabar Gold & Diamonds, CaratLane, and Kalyan Jewellers are some of the popular jewellery brands that offer a wide range of diamond jewellery in India.

Which jewellery brands are present in international markets?

Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers have a strong international presence and operate in several countries.

What is the size of India’s jewellery market?

India’s jewellery market size is valued at USD 94 billion in 2025. It is estimated to grow at a CAGR of 6.5% from 2025-2033, growing to USD 153.77 billion. India is the second-largest gold-consuming nation in the world.

Conclusion

India’s jewellery sector is witnessing a paradigm shift. Tanishq, Malabar, Kalyan, and Joyalukkas are penetrating Tier-2 and Tier-3 cities with BIS-certified hallmark jewellery, disrupting the unorganised jewellery market.

Meanwhile, CaratLane is reimagining everyday fine jewellery for urban millennials. On the other hand, century-old brands like P.N. Gadgil and Bhima continue to enjoy tremendous customer loyalty.

This competition has benefited Indian jewellery buyers, who now have more options than ever before.