In India, buying gold isn’t just about luxury, it’s a ritual, a tradition passed down through generations. Whether it’s a wedding, a festival, or a family celebration, jewellery holds a place of pride in every household.
With the Indian jewellery market touching ₹6.4 lakh crore in FY24 and growing steadily, there’s never been a better time to step into this industry. And when it comes to trusted names, Kalyan Jewellers continues to shine with over 316 showrooms across India and the Middle East.
If you’re an aspiring entrepreneur looking to build a future in a time-tested sector, understanding the Kalyan Jewellers Franchise Cost could be the golden opportunity you’ve been waiting for by partnering with a trusted brand like Kalyan.
Kalyan Jewellers: History & Timeline
1908 – The Legacy Begins
- The roots of Kalyan Jewellers trace back to 1908, when the founding family began their business journey in pre-independent India.
- Built on the values of ethics, honesty, and transparency, the business was initiated with a vision for nation-building and self-reliance.
1993 – Kalyan Jewellers is Born
- T.S. Kalyanaraman established the first Kalyan Jewellers showroom in Thrissur, Kerala.
- The focus was clear: offer quality jewellery with fair pricing and customer-first practices.
2000s – Regional Expansion
- The brand expanded across South India, introducing:
- Transparent price tags
- Customer loyalty programs
- Large-format stores
- My Kalyan service centers
2010s – National & International Growth
- Entered North and West India, becoming a trusted national name.
- Launched stores in the Middle East (UAE, Qatar, Kuwait, Oman).
- Introduced celebrity brand ambassadors and region-specific collections.
2021 – IPO and Digital Push
- Kalyan Jewellers launched its IPO, enhancing its market presence.
- Expanded into digital gold, online shopping, and omni-channel retailing.
2025 – A Global Jewellery Brand
- As of March 2025:
- 316 stores globally: 278+ in India, 36 in the GCC, and 1 in the USA.
- Led by T.S. Kalyanaraman, Rajesh Kalyanaraman, and Ramesh Kalyanaraman, the brand continues to innovate while staying rooted in tradition.
Why Choose Kalyan Jewellers for Franchising?
1. Established Brand Reputation
Kalyan Jewellers has built a loyal customer base over the years, becoming synonymous with trust and quality in the jewellery industry. This strong brand recognition can significantly benefit franchisees by attracting a steady stream of customers.
2. Proven Business Model
The company offers a well-structured franchise model designed to ensure profitability while maintaining brand consistency. Franchisees get all-encompassing assistance in areas including staff training, marketing, and inventory management.
3. Growing Demand for Gold
The long-term need for jewellery is guaranteed by India’s traditional fondness for gold. With the sector expected to grow substantially in the coming years, franchisees can tap into a lucrative market.
Jewellery Market Trends in 2025
India’s jewellery sector is evolving rapidly, shaped by shifting consumer preferences and rising digital influence. Here’s a snapshot of key market trends making the Kalyan Jewellers franchise even more relevant in 2025:
- Industry Size & Growth: At a compound annual growth rate (CAGR) of 9.2%, the jewellery industry in India is projected to reach $145 billion (about ₹12 lakh crore) by 2028 from ₹6.4 lakh crore in FY24.
- Omni-Channel Expansion: More consumers are blending online research with offline purchases. Kalyan’s digital-first approach and showroom experience perfectly suit this hybrid buying behaviour.
- New Age purchasers: A sizable portion of purchasers nowadays are Millennials and Gen Z. Their preference for certified diamonds, platinum pieces, and minimalistic designs is driving innovation in product offerings.
- Tier-2 & Tier-3 Cities Boom: With rising disposable income and urbanisation, smaller cities are showing strong demand for branded jewellery, a key growth area for new franchises.
Product Range of Kalyan Jewellers
Kalyan Jewellers offers a diverse and regionally-tailored collection of jewellery, designed to reflect India’s cultural richness and contemporary style. Each piece is crafted with precision by skilled artisans across India and the Middle East.
Core Product Categories:
- Gold Jewellery: Traditional and modern designs including necklaces, bangles, chains, earrings, and mangalsutras.
- Diamond Jewellery: Certified diamond rings, pendants, bracelets, and bridal sets.
- Platinum Collection: Sleek, premium designs for men and women, including wedding bands and couple rings.
- Silver jewellery and articles: collections, puja items, gift goods, and everyday wear.
- Antique & Temple Jewellery: Heritage-inspired pieces reflecting South Indian craftsmanship.
- Gemstone Jewellery: Customised collections featuring rubies, emeralds, sapphires, and more.
Exclusive Collections:
- Mudhra: Antique bridal jewellery
- Tejasvi: Polki and uncut diamond jewellery
- Ziah: Elegant, certified diamond jewellery
- Vedha: Heritage-inspired South Indian jewellery
- Nimah: Temple-inspired spiritual jewellery
Each collection is designed keeping in mind the regional preferences, occasion, and modern-day functionality, ensuring there’s something for everyone from traditional bridal sets to daily wear ornaments.
Investment Breakdown: Kalyan Jewellers Franchise Cost?
Starting a Kalyan Jewellers franchise requires a significant investment, which varies based on factors like location, store size, and inventory. Here’s a general breakdown:
- Franchise Fee: ₹50 lakh to ₹1 crore for the rights to operate under the Kalyan Jewellers brand.
- Store Setup: ₹1 crore to ₹5 crore lakh for setting up the outlet, including interiors and infrastructure.Kalyan Jewellers dealership.
- Initial Inventory: ₹50 lakh to ₹5 crore, depending on the range and volume of jewellery stocked.
- Working Capital: ₹50–10 lakh to manage daily operations until the business becomes profitable.
- Royalty Fee: 4% of net revenue for ongoing support, marketing, and branding.
- Miscellaneous Expenses: ₹2–5 lakh for salaries, insurance, licenses, and permits.
- Total Estimated Investment: ₹2 crore to ₹5 crore.
Eligibility Criteria for Owning a Kalyan Jewellers Franchise
Before you get started, ensure you meet Kalyan Jewellers’ standard requirements. The brand is selective, seeking only capable partners who can uphold its legacy and customer promise.
Key Requirements:
- Retail Space: You must own or lease a commercial space in a prime location suitable for a luxury showroom.
- Business Background: Minimum 10 years of entrepreneurial or retail experience is usually expected.
- Financial Strength: Sufficient capital to handle the high initial investment and operational costs.
- Clean Legal Record: Franchise applicants should not be involved in any legal disputes or court proceedings.
What Returns Can You Expect?
Investing in a jewellery franchise of this magnitude naturally raises questions about profitability. Kalyan Jewellers, with its strong reputation and pan-India appeal, offers a solid platform for returns.
Expected ROI and Payback Period:
- Due to the premium brand value, a well-run store in a high-footfall area typically starts breaking even within 4–5 years.
- The jewellery industry in India continues to grow annually, making this a potentially high-yield investment over the long term.
How to Register for a Franchise at Kalyan Jewellers
If you’re ready to invest in a trusted and iconic jewellery brand, applying for a Kalyan Jewellers franchise is your first step. The process is fairly structured and ensures that only serious, qualified partners are brought into the Kalyan family.
Step-by-Step Application Process:
1. Initial Inquiry
Start by expressing your interest through the official franchise form available on the Kalyan Jewellers website or reach out directly to their franchise development team.
2. Eligibility Assessment
Your financial standing, retail/business experience, and proposed location will be reviewed. Kalyan places a strong emphasis on selecting partners with proven track records and stable financial backgrounds.
3. Submit Required Documentation
Be ready with your legal and financial paperwork, including identity proof, proof of funds, and previous business details.
4. Franchise Agreement Signing
Once approved, you’ll sign a formal franchise agreement that outlines rights, obligations, brand usage, and operational terms.
Pros and Cons of Owning a Kalyan Jewellers Franchise
While a Kalyan franchise offers exciting business opportunities and is often listed among the Best Franchises in India, it’s important to understand both the benefits and the challenges that come with it.
Advantages:
- Powerful Brand Equity: You instantly benefit from the trust and popularity the brand holds nationwide and overseas.
- Marketing & Logistics Support: Kalyan offers centralised advertising, sourcing, and training, reducing operational stress.
- Steady Demand: Jewellery, especially gold, remains a high-demand category in Indian and NRI markets.
Challenges:
- High Capital Requirement: The franchise setup cost can be substantial due to real estate, inventory, and branding expenses.
- Strict Operational Protocols: Adherence to Kalyan’s branding and customer service standards is non-negotiable.
- Competitive Market: The jewellery retail sector is competitive, requiring consistent performance and efficient Retail POS Systems to stay ahead.
Conclusion
Franchising with Kalyan Jewellers presents a compelling opportunity for entrepreneurs looking to enter the jewellery retail sector. With a strong brand reputation, comprehensive support, and a growing market, the potential for success is significant. However, it’s crucial to carefully assess the Kalyan Jewellers Franchise Cost along with the financial requirements and operational commitments involved. By aligning with Kalyan Jewellers, you can become part of a legacy that combines tradition with modern retail excellence.
FAQs
1. Is Kalyan Jewellers currently offering franchise opportunities?
Yes, Kalyan Jewellers offers franchise opportunities to select individuals or groups who meet their eligibility criteria related to experience, investment capacity, and retail location.
2. What is the minimum investment required to start a Kalyan Jewellers franchise?
You’ll need an estimated investment of ₹2 crore to ₹5 crore, including franchise fees, store setup, inventory, and operational costs.
3. Can I apply for a franchise in Tier-2 or Tier-3 cities?
Yes, but the location must meet Kalyan’s feasibility standards. The brand prefers high-footfall areas, regardless of city tier.
4. How long does it take to break even with a Kalyan Jewellers franchise?
Most franchisees see returns within 4–5 years, depending on store performance, location, and local demand.
5. Does Kalyan provide training and marketing support to franchise owners?
Absolutely. Kalyan Jewellers offers end-to-end support, including staff training, inventory management systems, and national-level marketing campaigns.
