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Oman Economic Review
|February 2018
TS Kalyanaraman, Chairman and Managing Director, Kalyan Jewellers talks about the potential of Oman and the company’s differentiators in the market. An OER interview
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Oman is the fourth market that Kalyan Jewellers is entering in the GCC. What are your thoughts on the potential of Oman’s jewellery market?
We believe that Oman offers tremendous potential. There is growing affluence and prosperity which augurs well for the growth of the jewellery segment. Moreover, the country’s affinity for luxury goods also makes it a compelling proposition. Our strategy is to make a strong presence in Oman and we are therefore opening three showrooms at Al Ma’abelah, Ruwi and Baushar in Muscat. We believe that we can quickly achieve scale and size of operations.
The Sultanate has a strong network of jewellery majors in the market. What is going to be Kalyan Jewellers differentiation in a crowded marketplace?
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