Page 10 - Bullion World Issue 10 Volume 05 October 2025
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Bullion World | Volume 5 | Issue 10 | October 2025
           B ullion  W orld |  V olume 5 | I ssue 10 | O ct ober  2025
              format makes it ideal for independent purchases.  Initially, the company operated as a pure-play
           •   CaratLane, acquired fully in 2023, operates    manufacturer. However, over time, it transitioned into
              between Mia and Tanishq in terms of age group   selling directly to customers. This shift wasn’t just a
              targeting, with a strong focus on digital-first   pivot-it was a natural evolution. Because manufacturing
              experiences and modern design sensibilities.    is in the company’s  DNA, Tanishq found it selves
                                                              inherently positioned to integrate both ends of the
           •   Men’s jewellery, once limited to traditional styles   value chain: production and retail. At the core, we
              like kadas and chains, has seen a resurgence    are category experts. For the company, entering a
              through brands like Aveer, which reimagines     new category means not just participating in it, but
              masculine design for the modern Indian man.     mastering it. The most critical component of this
              Beautifully crafted kids' jewellery is now available   expertise is product excellence-achieving perfection
              across Mia and CaratLane, as well as at select   in design, quality, and execution. Whether a product is
              Tanishq stores.                                 crafted in-house or through strategic vendor partners,
                                                              we maintain full control over its development and
           Technology and Omni-Channel Innovation             delivery.
           Tanishq has embraced omni-channel retailing to
           align with changing customer behaviours. While     This product-centric approach continues to
           physical stores continue to grow in size and number,   define Tanishq’s strategy. Its legacy in jewellery
           there’s a significant shift in how customers engage with  manufacturing, for example, enabled it to seamlessly
           jewellery purchases.                               scale both the breadth and depth of its production
                                                              capabilities. At the same time, we’ve nurtured strong
           Consumers increasingly browse online, shortlist    partnerships across the country to enhance agility and
           products, and visit stores only to finalize their   specialization.
           purchase. This trend has led to a hybrid model - a
           blend of digital exploration and in-store experience.  As of FY 2024–25, the company  proudly
                                                              collaborated with 95 vendor partners nationwide.
           Assisted buying journeys, especially through apps and   This diverse and expansive network ensures that
                                                              while we uphold centralized control over quality and
           websites, are now critical. CaratLane exemplifies this   innovation, we also benefit from the regional strengths
           digital-led model, with a tech-savvy approach from day   and capabilities of our partners.
           one.
           From Manufacturing Roots to Market Leadership:     In essence, our integrated approach-anchored in
           A Deep Integration Strategy                        manufacturing expertise and driven by product
           The  journey began with a strong foundation in     perfection-remains the cornerstone of our growth and
           manufacturing, rooted in our origins as a watch    differentiation in every category we enter.
           company Early on, the company established a
           dedicated manufacturing unit focused on exports    Quality remains the cornerstone of the brand
           this hands-on experience in making products laid   promise. Tanishq approach to  jewellery is not
           the groundwork for what would become a deeply      merely as a handcrafted or artistic object, but as
           integrated business model.
                                                              an engineered product. This mindset drives the rigor
                                                              and precision in our design and production processes.


                                                              The quality assurance begins with comprehensive
                                                              product documentation-detailed engineering drawings
                                          Tanishq             and specifications for every piece. In categories like

                                          Jewelry:            cast jewellery, the company employs CAD-CAM
                                                              technologies to standardize and enhance design
                                          A legacy of
                                                              fidelity. Alongside there are established component
                                          Emotion nad         centers to mechanize the production of core

                                          Reason              elements such as balls and stampings, which are then
                                                              assembled by skilled artisans. This kit-based approach
                                                              enhances consistency and efficiency across the board.


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