Shanti Gold plans major capacity expansion to meet rising jewellery demand
K N Mishra
22/Jan/2026
What's covered under the Article:
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Shanti Gold International Limited has announced a strategic capacity expansion to address rising demand from organised jewellery retailers across India.
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The proposed expansion is expected to add around 4,000 kilograms per annum to manufacturing capacity, supporting future growth.
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The move aligns with the shift towards organised retail and demand for scalable, design-led jewellery manufacturing partners.
Shanti Gold International Limited has announced a significant strategic initiative aimed at strengthening its long-term growth trajectory in India’s fast-evolving jewellery manufacturing sector. According to a press release shared with stock exchanges on 22nd January 2026, the company has unveiled plans for a capacity expansion of its new manufacturing facility, designed to cater to the anticipated rise in demand from organised jewellery retailers across the country. This announcement marks an important development in Shanti Gold expansion news and reflects management’s confidence in the structural growth of the jewellery industry.
The proposed capacity expansion is closely aligned with ongoing changes in the Indian jewellery market. Over the past few years, there has been a visible and sustained shift from unorganised players to organised jewellery retail, driven by factors such as increased consumer awareness, regulatory reforms, transparency in pricing, and preference for trusted brands. Shanti Gold International Limited, with its strong focus on quality, scale, and design-led manufacturing, aims to capitalise on this transition through timely capacity augmentation.
As per the company’s disclosure, upon completion of the expansion, manufacturing capacity is expected to increase by approximately 4,000 kilograms per annum. This significant addition will enable the company to better service its existing retail partners while also creating headroom to onboard new clients and pursue future growth opportunities. The Shanti Gold capacity expansion is therefore positioned as a proactive move rather than a reactive one, ensuring preparedness for sustained demand growth.
Shanti Gold latest news around this announcement has drawn attention from industry participants and investors alike, as it underscores the company’s strategic clarity. Jewellery manufacturing is a scale-driven business, particularly when catering to large organised retailers that demand consistency, timely delivery, and the ability to handle high volumes without compromising on design quality. By expanding capacity, Shanti Gold strengthens its proposition as a reliable and scalable manufacturing partner.
The management has highlighted that the expansion is also driven by rising demand for customised and design-led jewellery offerings. Modern consumers increasingly seek differentiated designs, regional customisation, and contemporary aesthetics, even as they prefer the trust and assurance of organised retail brands. This trend places additional responsibility on manufacturers to deliver flexibility alongside scale, a balance that Shanti Gold aims to achieve through investment in capacity and capabilities.
Commenting on the development, Mr. Pankajkumar Jagawat, Chairman and Managing Director, stated that the expansion reflects the company’s confidence in the long-term growth potential of the jewellery manufacturing segment. He emphasised that the enhanced facility would strengthen Shanti Gold’s ability to service leading retail chains with consistent quality, timely delivery, and customised designs at scale. Such a statement reinforces the strategic intent behind the expansion and highlights management’s focus on long-term partnerships rather than short-term volume gains.
Founded in 2003, Shanti Gold International Limited has steadily built a reputation as one of India’s trusted gold jewellery manufacturers. Headquartered in Mumbai, the company has established a strong presence across both North and South India, supported by a growing network of retail relationships. Over the years, it has focused on integrating traditional craftsmanship with modern manufacturing processes, a combination that resonates well with organised retailers seeking dependable suppliers.
The company’s existing manufacturing facility in Mumbai spans over 13,448 square feet and is equipped with advanced technology to deliver precision, consistency, and contemporary design aesthetics. The proposed expansion of the new facility builds on this foundation, enabling the company to scale operations while maintaining its core emphasis on craftsmanship and quality. This gold jewellery manufacturing India development is particularly relevant as the sector becomes more competitive and quality-conscious.
From an industry perspective, the organised jewellery retail segment continues to gain market share, supported by urbanisation, rising disposable incomes, and evolving consumer preferences. Organised players are increasingly focusing on supply chain reliability and vendor consolidation, preferring long-term relationships with manufacturers who can support growth across multiple geographies. Shanti Gold’s capacity expansion is clearly aligned with these industry dynamics.
The expansion is also expected to enhance operational efficiency by allowing better utilisation of resources, improved production planning, and potential economies of scale. While the company has not disclosed specific timelines or capital expenditure details in the press release, the intent to scale capacity sends a strong signal of confidence in future demand conditions. Investors tracking jewellery sector growth India may view this development as a positive indicator of medium- to long-term business prospects.
In addition to domestic growth, Shanti Gold has indicated an expanding client base across international markets. Increased manufacturing capacity will support this international ambition, enabling the company to cater to export demand without straining domestic commitments. This balanced approach to growth enhances business resilience and reduces over-dependence on any single market.
It is also worth noting that capacity expansion initiatives typically have a multiplier effect on employment, supplier ecosystems, and skill development. As manufacturing scales up, it often leads to increased hiring, higher procurement from ancillary vendors, and greater investment in training and technology. Such developments contribute positively to the broader manufacturing ecosystem.
From a governance and disclosure standpoint, the company has followed due process by sharing the press release with both BSE Limited and the National Stock Exchange of India Limited, ensuring transparency and equal access to information for all stakeholders. The announcement being uploaded on the company’s website further reflects adherence to good disclosure practices.
While the press release contains forward-looking statements, it also acknowledges the inherent uncertainties associated with future outcomes, including economic, regulatory, and competitive factors. Such cautionary language is standard and reinforces responsible communication with investors and the public.
In conclusion, the announcement of the Shanti Gold capacity expansion represents a strategically significant step in the company’s growth journey. By planning to add around 4,000 kg per annum of manufacturing capacity, Shanti Gold International Limited is positioning itself to benefit from the ongoing shift towards organised jewellery retail, rising demand for customised designs, and the need for scalable manufacturing partners. This development not only strengthens the company’s operational capabilities but also reinforces its long-term vision of becoming a preferred jewellery manufacturing partner for leading retailers in India and beyond.
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