Following the announcement, Sky Gold’s stock saw a 3.53% rise to Rs 374, reflecting investor optimism over the deal.  

Sky Gold, a Mumbai-based jewellery manufacturer, is renowned for its expertise in 22-carat lightweight gold jewellery, specializing in both plain and studded designs crafted through casting techniques. With this new partnership, the company has received multiple orders across 18K gold, natural diamond jewellery, and lab-grown diamond jewellery, marking a strategic expansion beyond its core 22K segment.  

Indriya, launched by the Aditya Birla Group in July 2024, is a premium jewellery brand that merges traditional Indian craftsmanship with modern design. With ambitious plans to become one of India's top jewellery retailers within five years, its collaboration with Sky Gold reinforces the manufacturer’s reputation for quality and innovation.  

In addition to strengthening its domestic business, Sky Gold is also expanding its presence in Singapore, aiming to boost export revenues and tap into international markets. As India's jewellery retail sector gears up for rapid growth, with leading brands planning to open over 500 stores in the coming years, Sky Gold’s latest move positions it strategically within the evolving industry landscape.