Gitanjali Group

Gitanjali
Company typePublic
IndustryDiamond and Jewellery
Founded1966; 58 years ago (1966)
FateBankruptcy
HeadquartersMumbai, India[1]
Key people
Mehul Choksi
(Chairman)[2]
ProductsDiamond, jewellery, retail & lifestyle and infrastructure
Revenue135 billion (US$1.6 billion)[3][4]
Websitewww.gitanjaligroup.com now defunct and dead link

Gitanjali Group was one of the largest branded jewellery retailers in the world. It was headquartered in Mumbai, India.[5] Gitanjali used to sell its jewellery through over 4,000 Points of Sale and held a market share of over 50 per cent of the overall organised jewellery market in India. Prominent brands housed by the group included Nakshatra, D'damas, Gili, Asmi, Sangini, Maya, Giantti, World of Solitaire and Shuddhi. It was closed following Punjab National Bank Fraud more commonly known as Nirav Modi Fraud.[6]

  1. ^ "Gitanjali Group". Gitanjali Group. Retrieved 23 December 2010.
  2. ^ "Gitanjali seeks patents for 25 new diamond cuts". The Hindu Business Line. 6 December 2003. Retrieved 23 December 2010.
  3. ^ "NSE - Financial Results Details". Archived from the original on 31 March 2012. Retrieved 7 January 2011.
  4. ^ "Gitanjali Group eyes Rs 10K cr turnover in two years". Business-standard.com. 4 March 2010. Retrieved 23 December 2010.
  5. ^ "Gitanjali Gems Head Office | Gitanjali Gems Headquarters Details - The Economic Times". economictimes.indiatimes.com. Retrieved 25 June 2020.
  6. ^ "Gitanjali Group". Gitanjali Group. Retrieved 24 December 2010.