"The timing is perfect," says Sandeep Kohli, CEO of Indriya, arguing against any suggestion of being a late entrant in the jewellery market. He says Indriya has swiftly established itself in the industry by combining innovative retail approaches with a keen understanding of consumer preferences. In this interview, Kohli talks to Pallabi Dey Purkayastha about what it takes to stand out in a rapidly crowding category. Edited excerpts:
As a late entrant, what are your expectations for the brand? Our goal is to establish Indriya among the top three players in the organised jewellery industry. This sector contributes nearly 7% to India's GDP, and as India moves towards becoming a $10 trillion economy, jewellery will play a significant role. Beyond profitability, we aim to bring freshness to this traditional industry with innovative designs and experiences.
The jewellery industry has immense untapped potential, and we believe Indriya can be a catalyst for further transforming this space. The market itself has matured, with a clear shift toward organised players who can offer quality, trust, and a superior customer experience. This is precisely where Indriya fits in. We are not just entering the market; we are reimagining it for today's discerning customers who seek both tradition and innovation in their jewellery.
この記事は Financial Express Hyderabad の December 25, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Hyderabad の December 25, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Quick, quicker, quickest...
SPEED THRILLS, AND how. Just six months ago, the opportunity for quick commerce was estimated at $30 billion by 2030, up from $6 billion in 2024. That has now been raised to $40 billion.
At the G, India up against Head-strong Australia
● In-form batter declared fit for Boxing Day Test
Prosperity through cooperation
The United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.
Russia Launches 'Inhuman' Christmas Day Attacks
RUSSIA ATTACKED UKRAINE'S energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an \"inhuman\" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.
Honda-Nissan deal may hold key to fight against BYD
HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.
The angry young man
LATER, THE BUREAU of Indian Standards got into examining the matter.
Investors Get Good Exits in IPO Frenzy
IN FACT, A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.
Impact on auto sector
HOWEVER, THE FALLING rupee presents challenges for import-dependent luxury carmakers like Mercedes-Benz, BMW, Audi, and Volvo.
China Avoids Rate Cut to Brace for Future Pressure
CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.
Yoon Defies Second Agency Summons Over Martial Law
SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.