TS Kalyanaraman, Kalyan Jewelers’ managing director, is media-shy and never accepts credit for developing a huge business.
One of India’s most famous jewelers is Kalyan Jewelers. Kalyan Jewellers was created in 1993 by TS Kalyanaraman. The chairman and managing director of Kalyan Jewellers and Kalyan Developers is Kalyanaraman. TS Kalyanaraman is a Tamil Brahmin from Thiruvananthapuram, Kerala. According to Forbes, TS Kalyanaraman is worth USD 1.4 billion. The market valuation of Kalyan Jewelers is Rs 17,716.91 crore.
At 12, Kalyanaraman began working at his father’s store. Kalyanaraman studied commerce at Sree Kerala Varma College. Kalyan Jewellers’ first store in Thrissur City was founded by TS Kalyanaraman. Kalyan Jewelers is one of India’s biggest jewelry brands. 140 showrooms and 8,000 staff make up Kalyan Jewelers. TS Kalyanaraman is media-shy and doesn’t take credit for developing a big brand. He said, “Whether national or international, customer satisfaction is most important for us”.
TS Kalyanaraman’s wife Ramadevi is a housewife. Three children are his. Maya Rajesh is married to Rajesh Kalyanaraman, the oldest son. Ramesh Kalyanaraman, their second son, married Deepa Ramesh. Their daughter Radhika is a housewife and married to Kalyan Developers’ Managing Director Karthik R.
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According to Technopak, 40% of India’s jewelry consumption comes from South India. Aditya Birla Group (ABG), chaired by billionaire Kumar Mangalam Birla, would invest Rs 5,000 crore to open unique jewelry retail locations across India. Novel Jewels boutiques sell in-house jewelry brands. Kalyan Jewelers, Tata Group’s Tanishq, and Mukesh Ambani’s Reliance Jewels will face up against Birla’s new company.
India’s largest organized jewelry company is Titan Company’s Tanishq. Tanishq has 400 unique stores in India. Other major competitors in the Indian gold industry are Malabar Gold and Diamonds, Reliance Jewels, Joyalukkas, GRT Jewellers, Tribhovandas Bhimji Zaveri, and Bhima Jewellers. By 2025, India’s organized gold market is predicted to rise 40%.
Conclusion:-
TS Kalyanaraman, Kalyan Jewelers’ managing director, is media-shy and rich USD 1.4 billion. The 1993-founded jewellery firm has 140 shops and 8,000 workers. Rajesh, Ramesh, and Radhika are Kalyanaraman’s children. Rs 17,716.91 crore is the company’s market valuation. The Aditya Birla Group, helmed by billionaire Kumar Mangalam Birla, wants to invest Rs 5,000 crore in exclusive jewels retail locations throughout India, including ‘Novel Jewels’, which would sell in-house brands. Kalyan Jewelers, Tanishq, and Reliance Jewels are India’s largest organized jewelry companies. By 2025, 40% of India’s gold will be organized.
