Do you know who is the richest jewelers in India as of 2017? Check the list below which includes owners of most famous Indian jewelry companies.
India has evolved to be one of the world’s finest and largest consumers of gold and many precious stones! Over the years, India has created many successful jewelers. With this being said, here are top 10 richest jewelers in India 2017.
Top 10 Richest Jewelers In India 2017
1. Kalyan Jewelers
T.S. Kalyanaraman is India’s richest and biggest jeweler. According to Wealth-X, Kalyanaraman is India’s most powerful and wealthiest jeweler. He opened his first shop in 1993 with only 100,000 USD. Today, his business is worth 1.3 billion USD. And, there are 80+ Kalyan Jewelers Showrooms in the nation and abroad.
2. Firestar Diamonds
Next in line is Nirav Modi of Firestar Diamonds. Nirav had a very modest beginning with just 15 employees. Today, Firestar Diamonds is a big enterprise with a net worth of 1.1 billion USD.
3. Malabar Gold & Diamonds
The list of top jewelers in India will remain incomplete without Malabar Gold & Diamonds. The company is worth 1 billion USD. It was established in Kerala in 1993. Today, there are 130+ Malabar Gold & Diamond outlets in and outside the country.
4. Bhima Jewelers
Another famous name in the list of top jewelers in India is Bhima Jewelers. Owned by B. Govindan, the brand is worth 620 million USD. The company has showrooms across Karnataka, Kerala and Tamil Nadu.
5. Vallabhbhai S Patel – Kiran Gems
Kiran Gems is ranked as one of the world’s finest and largest manufacturers of diamonds. Vallabhbhai S Patel co-founded it. With nearly four decades of experience, Kiran Gems uses the town’s best technologies and techniques.
6. Vasant Gajera
In 1972, Vasant Gajera began his business with four wheels and on a very small scale. Today, he provides employment to around 5000 people and distributes fabulous diamonds. The net worth of his business is 580 million USD.
7. Dharmandan Diamonds
Next in line would be Dharmanandan Diamonds. Head by Laljibhai Patel, the company is worth 480 million USD. They have two decades of experience in the diamond jewelry business.
8. Co-Founders of Kiran Gems
Babubhai Lakhani owns Kiran Gems, which is worth 470 million USD. Kiran Gems has more than four decades of experience. It is a renowned diamonds factory! Meanwhile, Mavji Bhai Patel of Kiran Gems is another rich jeweler with a net worth of 410 million USD. He has expertise in marketing strategies and the distribution of diamonds.
9. Rajesh Diamond Exports
Rajesh Mehta of Rajesh Exports is another rich jeweler in India. It is a Bangalore-based firm that began in 1990. The gold jeweler handles export and manufacturing.
These 10 Businessmen are wealthiest in the Jewelry business where T.S. Kalyanaraman ranks numbers one in the list of Richest Jewelers in India as of 2017 with a net worth in Billion USD.