India’s Jewellery Retailers Top 100 Reveal ₹4 Lakh Crore Turnover

The Art of Jewellery released a special issue ranking India's top 100 jewellery retailers by FY 2024‑25 revenue and store count. The 100 firms together generate an estimated ₹4 lakh crore in sales and operate more than 5,000 outlets across India and overseas, representing nearly half of the market served by the country's 3.5 lakh plus jewellery stores.

The ranking underscores a sectoral shift from family‑run shops to professionally managed national chains that employ design innovation, AI‑driven inventory systems and omni‑channel strategies. Industry figures such as Sumesh Wadhera and Deepak Tulsian highlighted the market’s resilience despite gold‑price volatility and its expanding role in employment, manufacturing, exports and organized retail as India moves toward a multi‑trillion‑dollar economy.