Titan's CaratLane eyes growth, more stores as young Indians embrace low-carat jewellery

CaratLane's Growth Plans: CaratLane aims to exceed last year's revenue growth by expanding its store presence, particularly in smaller cities, and focusing on lower-carat jewellery as younger Indians increasingly prefer these options over traditional higher-carat pieces.

Financial Performance and Future Outlook: The brand reported a 24% revenue increase to 35.83 billion rupees for the past fiscal year and anticipates even better profits in the current financial year, despite rising gold prices leading consumers to opt for lightweight jewellery.