CaratLane Plans 40 New Stores by 2027

Jewelry retailer aims to expand footprint across India and the U.S.

Mar. 29, 2026 at 10:33am

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CaratLane, a leading Indian jewelry retailer, has announced plans to open 40 new stores across the country and in the United States by the end of the 2027 fiscal year. The company's Managing Director, Saumen Bhaumik, revealed that a new store in Dallas, Texas will be opening soon as part of this expansion strategy.

Why it matters

CaratLane's ambitious growth plans reflect the company's confidence in the continued demand for fine jewelry, both in India's burgeoning middle class and among international consumers. This expansion could solidify CaratLane's position as a major player in the global jewelry market and provide more access to its products for customers in new markets.

The details

According to Bhaumik, CaratLane intends to open 40 new stores by the end of the 2027 fiscal year, building on its existing network of locations across India. The company will also be opening its first U.S. store in Dallas, Texas in the near future as part of its international expansion strategy.

  • CaratLane plans to open 40 new stores by the end of fiscal year 2027.
  • A new CaratLane store in Dallas, Texas will be opening soon.

The players

CaratLane

A leading Indian jewelry retailer that sells fine jewelry and diamond products.

Saumen Bhaumik

The Managing Director of CaratLane, who announced the company's expansion plans.

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What they’re saying

“We are excited to bring CaratLane's unique jewelry offerings to new customers in India and the United States through this ambitious expansion plan.”

— Saumen Bhaumik, Managing Director, CaratLane

What’s next

CaratLane will be closely monitoring consumer demand and market conditions as it works to open the new stores across India and the U.S. over the next few years.

The takeaway

CaratLane's expansion strategy demonstrates the company's confidence in the continued growth of the fine jewelry market, both domestically and internationally. This move could help the brand establish a stronger presence and reach new customers in key markets.