T.S. Kalyanaraman: The Billionaire Jeweler Who Built Kalyan Jewellers from Scratch

T.S. Kalyanaraman, India's richest jeweler, is a self-made billionaire who transformed a humble jewelry business into a global empire. His brand, Kalyan Jewellers, is now one of the most trusted names in the industry, with over 200 stores across India and international markets. His journey, from taking a loan to building a billion-dollar brand, is a true inspiration. Despite being born into a business family, Kalyanaraman initially chose to explore opportunities outside his father’s business. He worked elsewhere, saving Rs 25 lakh, but his entrepreneurial spirit soon led him to create his own path. To launch his first jewelry store in Thrissur, Kerala, he needed additional capital. Taking a bank loan of Rs 50 lakh, he gathered a total investment of Rs 75 lakh and established Kalyan Jewellers.

Expanding the Kalyan Jewellers Brand

Kalyanaraman’s commitment to quality, trust, and transparency helped his brand grow rapidly. Starting with just one store, Kalyan Jewellers soon expanded across Kerala, India, and eventually to international markets. Today, Kalyan Jewellers operates over 200 showrooms in India and has successfully expanded to the UAE, Qatar, Kuwait, and Oman, with 30 international stores. His dedication to excellence and customer satisfaction fueled his success. 

Kalyan Jewellers has now achieved a market capitalization of over ₹17,000 crore, and T.S. Kalyanaraman’s net worth stands at ₹36,700 crore, making him India’s richest jeweler. Kalyanaraman built Kalyan Jewellers on strong values of ethics, transparency, and craftsmanship. His focus on trust and quality has helped the brand maintain its reputation, making it one of the most recognized jewelry brands in India and beyond.

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