| Organisation : |
Gitanjali |
| Brand
: |
GITANJALI LIFESTYLE LIMITED |
| Category
: |
Jewellery Franchises |
| Franchisee
Material Availability : |
Yes
Franchisee Material Details : Company profile,Information Brochures,Franchise Brochures |
| Profile : |
Founded as a single company cutting and polishing diamonds for the jewellery trade at Surat, Gujarat, in 1966, the Gitanjali Group became, many times over, a pioneer among major diamond and jewellery houses.
First major diamond and jewellery house to be launched and run by modern entrepreneurs rather than dynastic jewellers. An authorised DTC Sightholder and loyal customer – and a modern multinational business run on innovative insights.
At the forefront of the global breakthrough in diamond jewellery design and production brought about by India’s ability to cut diamonds considered unworkable for jewellery till then. Has the distinction of producing the world’s smallest heart shaped diamond (0.03 carat), and developing some 25 patented facet patterns.
Besides changing the face of manufacture, broke the mould of traditional jewellery marketing: it abandoned jewellery trade convention by launching multiple brands for multiple markets and price segments.
Opened up distribution v |
| Business
Started : |
1996 |
| Franchisee
Started : |
2007 |
| Total
Company Outlets : |
more than 50 |
| Total
Franchisee Outlets : |
more than 100 |
| Expected Investment |
| Single Unit
: |
20,00,001 - 30,00,000 |
| Franchise
Fee : |
Not Specified |
| Equipments
: |
Not Specified |
| Furniture
and Fixtures : |
Not Specified |
| Advertising
/ Marketing : |
Not Specified |
| Required
Capital Investment : |
CAPEX - 1250/- Per sq ft appr |
| The
expected payback period for the franchise : |
2 - 5 |
| The
expected return on investment to the franchisee? : |
10 to 20 % depending |
| Required
floor area(in square feet) : |
500 to 5000 Sq Ft sq.ft. |
| Do you help
franchisee for the site selection : |
Yes |
| Do you have
a training program for the franchisee : |
Yes |
| Term of
franchisee agreement : |
3 /5/10 /15 appr |
|
|
