Kalyanaraman is 52 in India and 1342 globally
Hyderabad, 5th March 2013: T.S. Kalyanaraman, Chairman and Managing Director; Kalyan Jewellers has made it to the Forbes list of billionaires. Kalyanraman’s net worth is $ 1 Billion (5400 crore Indian Rupees) as per the Forbes List.
Speaking on the occasion, Mr. Kalyanaraman said; “I feel privileged to be a part of the elite Forbes list. This however, would not have been possible without the support of our customers. We at Kalyan Jewellers have always advocated fair trade and transparency in the jewellery retail trade. All this has held Kalyan Jewellers in good light. I attribute this success to all our customers and thank them for this privilege”
Kalyan Jewellers is the single largest company owned Jewellery retail chain in the country in terms of number of showroom and turn over with the single maximum bullion purchase from SBI in jewellery retail crossing 5 tons. He owns 45 stores in India and plans to open 36 more by March 2014, including five in the Middle East.
Kalyan has been at the forefront of pioneering efforts to educate the public of cheating and malpractices in gold quality and pricing through their campaign ‘Fight against Impure Gold.
ABOUT KALYAN JEWELLERS
Kalyan Jewellers is the flagship of the prestigious 100-year old Kalyan Group with its origins in textile manufacturing and retailing. The group’s forayed into jewellery retailing two decades ago in 1993, and has retail store strength of 45 showrooms across the 4 southern states and Gujarat. Kalyan Jewellers is a clear market leader in most of the markets it operates. Kalyan Jewellers is in the midst of a major expansion spree and is poised to enter Gujarat and Maharashtra in 2013. The company has set an ambitious target of 100 showrooms by 2015.
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