Net worth: $1 billion Established in 1993 in Kerala, Malabar Gold & Diamonds has 134 outlets across eight countries. With an annual turnover of $3.5 billion, the company is among the world's top five jewellery retailers in terms of annual turnover, says the company.

T. S. Kalayanaraman, the chairman and managing director of Kalyan Jewellers, claimed the top spot on a Wealth-X list of India's wealthiest jewellers released today with a personal fortune of US$1.3 billion.

Tanishq List Of Top Jewellery Brands In India

916 gold is good for making intricate jewellery as pure gold is too soft. Delicate craftsmanship is not possible in 100% pure gold. As such, you should look for 916 purity gold when making purchases of jewelleries as 22 karat is considered to be the best quality of gold purity for making jewelleries and ornaments.

Kochi: Joy Alukkas of Joy Alukkas Group has been ranked 50th in Forbes latest list of India's richest for 2023, becoming the only jeweller in the ranking, moving up from the 69th spot the previous year. His eponymous multi-national jewellery group has 160 showrooms across 11 countries with more than 9,000 employees.

Kerala In India, Kerala is one of the most significant gold markets. Presently, the gold rates in Kerala are the lowest for 22-karat and 24-karat gold.

Bhima Jewellers is known for for their authenticity and purity of gold. Bhima gold was established in 1925. They are one among the pioneers of gold jewellers in India.

M. P. Ahammed M. P. Ahammed is the founder of Malabar Gold and Diamonds, a BIS certified Indian jewellery group based in Kozhikode, Kerala, India. The company was established in the year 1993 with a revenue of ₹5 million.

However, even after factoring in the customs duty, buying Indian gold jewelry in the USA can be at least 12.5% cheaper compared to purchasing in India due to the higher custom duty levied in India. b) India: India does not have operational gold mines of its own, necessitating the import of all gold.

Countries such as Switzerland, Australia, and Canada are known for producing high-purity gold, while countries such as China and Russia are the largest producers of gold in the world. When it comes to jewelry, the purity and color of gold used can vary depending on the desired durability and aesthetic.

24k gold The 24k gold price in India fluctuates every day. Since 24k is the purest form of gold, it is more expensive than 22k or 18k gold. Therefore, 24k is suitable for investment purposes and not for making jewellery as it is too delicate.

24 carat 24 carat is pure gold with no other metals. Lower caratages contain less gold; 18 carat gold contains 75 per cent gold and 25 per cent other metals, often copper or silver. The minimum caratage for an item to be called gold varies by country.