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flag Kalyan Jewellers forecasts over 25% revenue growth in 2025 with 160 new stores despite high gold prices.

flag Kalyan Jewellers, India's top gold and diamond retailer, expects over 25% revenue growth this year, expanding with 160 new stores due to increased demand for lower-carat jewelry. flag Despite high gold prices, wealthy Indians continue to invest in gold, while the middle class prefers less expensive options. flag The company sees consumers buying more frequently and favoring chains over independent jewelers, though this rapid expansion could reduce profit margins.

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