The Art of Jewellery - Collector's Special Issue 2026

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India’s Top 100 Jewellery Retailers: Celebrating Scale, Trust & Transformation

The Indian jewellery industry today stands at the threshold of a historic transformation. From traditional family-run businesses to professionally managed national retail chains, the sector has evolved into one of the strongest pillars of India’s retail and luxury economy. Organised jewellery retail is expanding at an unprecedented pace, driven by rising consumer aspirations, transparency, brand consciousness, digital adoption, and growing trust in established jewellers.

In this landmark special issue, The Art of Jewellery proudly presents the Top 100 Jewellery Retailers of India, based on estimated revenues for FY 2024–25. More than just a ranking, this edition is a tribute to the visionaries, entrepreneurs and institutions who have played a defining role in shaping the modern Indian jewellery industry.

Collectively, these Top 100 retailers represent an estimated turnover of nearly Rs 4lakh crore and operate over 5000 stores across India and global markets. These impressive numbers reflect not only the scale of business but also the increasing formalisation and consolidation within the jewellery retail ecosystem.

What is particularly encouraging is that India’s jewellery industry continues to successfully blend tradition with innovation. Legacy jewellers with decades — and in some cases centuries — of heritage continue to command immense customer trust, while modern retail brands are redefining customer experience through design innovation, technology integration, aggressive expansion and omni-channel strategies.

The industry has also demonstrated remarkable resilience despite global uncertainties, fluctuating gold prices, changing consumer behaviour and economic challenges. Indian consumers’ emotional and cultural connection with jewellery, especially gold, remains deeply rooted, making the sector one of the most dynamic and future-ready industries in the country.