Published
Jun 1, 2020
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Zoya aims to generate revenue of Rs 500 crore in next 5 years

Published
Jun 1, 2020

Tata's luxury jewellery brand Zoya aims to generate a business of Rs 500 crore ($66.3 million) over the next five years, as it looks to expand its presence across the country.
 

Zoya aims to generate revenue of Rs 500 crore in next 5 years - Zoya


Zoya plans to expand to top cities like Chennai, Kolkata, Hyderabad, and Ahmedabad over the next few years.
 
“Zoya did a business of about Rs 60 crores last year and we hope to grow it to Rs 500 crore brand in the next 5-6 years. The brand is anticipating that its customers will be back in the next six months and business will be as usual,” Ajoy Chawla, CEO of jewellery division at Titan Company, told PTI.

“We will take a calibrated approach to expansion. This is the year when we will not jump in to open many more stores in one go. We will go store by store and city by city. We have to give ourselves time and wait for things to settle down before we move on to our strategic journey,” Chawla added.
 
Zoya is a luxury jewellery brand from the Tata Group, which was launched in 2010. It currently has two stores in Mumbai and one store each in Delhi, and Bengaluru.

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