Tata Group-backed jewellery brand CaratLane plans to open 40 stores in the coming financial year, 10 per cent of which will be company-owned, a senior executive said.
“We have almost 50 stores right now, and we expect to add around 40 stores next year (2026-27); however, we won’t be in a hurry to open them. In the first quarter, we will probably focus on exploring stores and in the second quarter, we will start the expansion for FY27. Around 10 per cent of these new stores will be owned by the company,” CaratLane Managing Director Saumen Bhaumik told PTI.
About 13 per cent of the current 50 operational stores are company-owned, he added.
He said this expansion will be more in the north, east and the south, while in the west the openings will be fewer.
“I think in north, east, and south, we will continue to expand. In the west, we will be opening fewer stores as we have already opened a decent number in that region. Right now, I want to make sure that every store in the western regi
