Indian Jewellery Industry

PMJ Jewels has opened its Anna Nagar flagship in Chennai, showcasing over 10,000 jewellery designs and taking its retail network beyond 47 stores across four Indian states.

The company recorded revenue of Rs 12.19 crore during Dussehra FY2026-27, excluding gold sales, compared with Rs 7.50 crore in the corresponding period last year. This marked a year-on-year growth of 62.40 percent.

Jagannath Gangaram Pednekar (JGP) Jewellers has opened its 26th store in Nipani, marking the brand’s first-ever retail presence in Karnataka

Spread across 4,056 sq ft over two levels, the showroom marks another step in the brand’s expansion across India’s organised jewellery retail market.