Joy Alukkas, Chairman and Managing Director of Joyalukkas Group has become the richest jeweller in India according to the latest 'Forbes List of India's 100 Richest 2023'. Joy Alukkas was ranked as the 50th wealthiest Indian as per the Forbes list. He climbed 19 notches to improve his ranking from 69th in the previous year to 50th in the latest list.
Joyalukkas Group has 160 showrooms world over of which 100 are in India. It has plans to take the total India showroom count to 130 and is in the process of expanding its North India footprint. The jewellery retail chain has played a transformative role in the Indian jewellery sector by introducing concepts such as multiple store retail, organized retailing operations, and large format stores which have transformed the business landscape of the once fragmented Indian jewellery sector.
Joyalukkas is an ISO certified multi-national jewellery group. Alukkas Jewellery branched out into a new brand named Joyalukkas. An organization that started as a small jeweller in Thrissur, has flourished into an entity and today Joyalukkas group has 160 Showrooms across 11 countries with more than 9000 employees.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
