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Gitanjali Wins Jewelry Brand Award

Jun 27, 2012 4:41 AM   By Gitanjali
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Press Release: At the second edition of PowerBrands awards held at Kingdom of Dreams, Gitanjali Group, the world’s largest integrated branded jewelry manufacturer- retailer, was awarded with the "PowerBrands Hall of Fame - Globally Emerging Jewelry Brand Conglomerate Award."

“I would like to thank PowerBrands for recognizing our efforts. Awards like this will only encourage and strengthen our belief of being the world’s largest luxury conglomerate in the near future,” said Mehul Choksi, the chairman and managing director of Gitanjali Group.

PowerBrands is a unique initiative exemplifying the icons that have emanated as the ultimate benchmark of achievement and success. When PowerBrands was conceptualized, the companies nominated were those that had epitomized the tagline of ''Evolution to Revolution'' where in the brands have gone through the phase of establishing themselves in the complex Indian market  and then in their own right revolutionized their segment.

The second edition of PowerBrands went a step further and the companies that ''Innovate to Inspire,'' who after revolutionizing their segment have taken a proactive approach to innovate and sustain their dominance were nominated.

“PowerBrands is IIPM and Planman Group’s salutation to the builders of the biggest brands in India and I am glad that launch was terrific,” said professor Arindam Chaudhuri.

About PowerBrands:
A brand bible which garners the country’s most aspirational brands which have fortified their presence in the hearts and minds of the Indian consumers making their most favorite brands. The brands have been shortlisted after two rounds of extensive research.

About Gitanjali Group:
Gitanjali Group is the world’s largest integrated branded jewelry manufacturer-retailer with an annual turnover of over $2.1 billion. The group pioneered jewelry retail revolution in India by launching Gili way back in 1994. Gitanjali today owns and distributes eight out of the top ten jewelry brands in the country including Gili, Nakshatra, Asmi, D’damas, Sangini, Diya, Nizam and Parineeta. Today, the group’s activities are spread across the entire value chain from rough diamond sourcing, cutting, polishing and distribution, and jewelry manufacture, to jewelry branding and retail, as well as global lifestyle brands, in India and abroad.

Rapaport News is not responsible for, and does not endorse, the content of any press release. Press releases are not written by us and are provided only as additional information for our clients.
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Tags: Gitanjali, India, Jewelry, PowerBrands, Rapaport
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