SGJHL news and archive

Shree Ganesh buys Dubai jeweler

Shree Ganesh the Rs 5,800 crores jewelry house, is buying a Dubai diamond manufacturer and retailer for $150 million. With 17 company-owned Gaja stores and seven franchisee stores, Shree Ganesh plans to have 50 company-owned stores in two years and 50 franchisee-run stores in one year. It expects the revenue from the retail segment to grow from...

Apparel

Shree Ganesh Jewellery to go national

Kolkata-based Shree Ganesh Jewellery House Limited (SGJHL) with a good credit rating plans to pump in Rs 100 crores over the next two years to consolidate its business through expansion. Promoted by Nilesh Parekh and Umesh Parekh and headquartered, SGJHL has subsidiary offices in Hyderabad, Chennai, Bangalore, and Delhi. According to Ashok...

Apparel

Shree Ganesh Jewellery on a high

Shree Ganesh Jewellery, with a turnover of approx Rs 4,500 crores is growing at a rate of 58 per cent year-on-year. This year, they have had a mix bag in revenue generation. The company is a major player in plain gold jewelry. They have large manufacturing facilities, which cater to the supply side. While around Rs 500 crores comes in from the...

Apparel

SGJHL to acquire brands abroad

Shree Ganesh Jewellery House Ltd (SGJHL) one of the largest manufacturers and exporters of handcrafted gold jewelry, is planning to close a deal for acquiring a few jewelry brands in Italy or Saudi Arabia by the end of this fiscal year. SGJHL which offers the well-renowned Gaja jewelry brand which typifies Bengal craftsmanship acclaimed across...