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Business
DP Abhushan Targets 51 Stores in Tier‑2/3 Cities, ₹15,000 Cr Revenue by FY30
✍️ business-standard.com
🗓 06 Sep 2026, 03:48 PM
👁 3
DP Abhushan aims to open 51 retail outlets across Tier‑2 and Tier‑3 Indian cities, targeting a revenue of ₹15,000 crore by fiscal year 2030.
DP Abhushan, a prominent Indian jewellery retailer, has announced an ambitious expansion plan to establish 51 stores in Tier‑2 and Tier‑3 cities across the country. The company intends to tap the growing demand for gold and diamond jewellery in these markets.
Management has projected that the new retail footprint will help the firm achieve a revenue of ₹15,000 crore by the fiscal year 2030. The expansion is part of a broader strategy to increase market penetration beyond the major metros.
The company’s growth plan focuses on a mix of modern showrooms and digital engagement to attract a wider customer base. While specific locations have not yet been disclosed, the rollout is expected to commence in the next 12 to 18 months.
DP Abhushan’s leadership believes that the Tier‑2 and Tier‑3 segments offer significant growth potential due to rising disposable incomes and changing consumer preferences for branded jewellery.
The company’s financial projections reflect confidence in the long‑term demand for gold and diamond products, positioning it as a key player in India’s jewellery retail sector.
Management has projected that the new retail footprint will help the firm achieve a revenue of ₹15,000 crore by the fiscal year 2030. The expansion is part of a broader strategy to increase market penetration beyond the major metros.
The company’s growth plan focuses on a mix of modern showrooms and digital engagement to attract a wider customer base. While specific locations have not yet been disclosed, the rollout is expected to commence in the next 12 to 18 months.
DP Abhushan’s leadership believes that the Tier‑2 and Tier‑3 segments offer significant growth potential due to rising disposable incomes and changing consumer preferences for branded jewellery.
The company’s financial projections reflect confidence in the long‑term demand for gold and diamond products, positioning it as a key player in India’s jewellery retail sector.