Bhima Jewellers

Bhima Jewellers is a jewellery retail company based in India. It was established by Bhima Bhattar in the year 1925.^[2] As of June 2023, the group has 116 jewellery shops^[3] across South India and more than 2000 employees. Bhima Jewellers were the first jewellery store to introduce ready-made jewellery concept under the guidance of its founder Bhima Bhattar.^[4]

Bhima Jewellers

Company type	Private
Industry	Jewellers
Founded	1925; 100 years ago (1925)
Founder	Bhima Bhattar
Headquarters	India
Number of locations	>116
Area served	India United Arab Emirates[1]
Products	Jewellery
Number of employees	7000
Website	www.bhima.comwww.bhimagold.com

Bhima has branches at United Arab Emirates, Chennai, Kottayam, Thirunelveli, Thiruvananthapuram, Kochi,^[5] Kozhikode,^[6] Bengaluru, Nagercoil and Madurai. After the death of founder Bhattar, the Bhima Group was managed by his five sons, Girirajan, Govindan, Krishnan, Bindumadhav and Lakshmikanthan, with each having separately managed headquarters and their own chain of branches.^[7] In 2012, Bhima announced a 2-year plan to expand its jewellery network by investing ₹5,500 crore.^[8]

With a turnover of ₹48,000 crore in 2022, it is considered one of the six firms that controlled India's gold.^[9]

Bhima Showroom in Kollam city

Products

Their major products include Exquisite Diamonds, Platinum,Traditional Kerala designs, Tamil Nadu designs, Contemporary Designs, Bengali heavy-weight designs, Nellore colour Stone studded jewellery, Karwar precious Stone studded jewellery, diamond,^[10] platinum and silver jewellery.^[11]

Awards

Bhima has been retaining its position of highest sales tax paying^[12] jewellery showroom award in Kerala State for several years and also maintains top position^[13] in the Grand Kerala Shopping Festival (GKSF),^[14][15][16] conducted by the Government of Kerala.

Expansion Plan in Middle East

Bhima Jewellers, one of the oldest and family-run Indian jewellers, will raise Dh1 billion from high net worth individuals (HNWIs) and foreign institutional investors (FIIs) in the GCC and globally to fund its expansion plan across the Gulf region^[17]

See also

• Tribhovandas Bhimji Zaveri

References

1. Indian jeweller ventures into Dubai – Emirates 24|7
2. "Top 6 jewellers who control India's gold". The Economic Times. Retrieved 2020-05-15.
3. "Bhima sees gold glittering in South". The Economic Times. Archived from the original on June 19, 2014.
4. "Bhima Jewellers Collections, Offers, Schemes, Branches & More". Goodreturn. Retrieved 2020-05-22.
5. "Pure gold for Akshaya Tritiya Kochi Showroom". The Hindu. 2010-05-16. Archived from the original on 2011-06-18.
6. "Bhima's renovated showroom in Kozhikode". The Hindu.
7. "Bhima: A Century of Trust". The Times of India. 2023-03-16. ISSN 0971-8257. Retrieved 2023-09-26.
8. "Bhima plans 500 crore expansion". The Times of India. Archived from the original on 2013-04-11.
9. Bhima Jewellers – Top 6 jewellers who controls India's gold | The Economic Times
10. "New Diamond Collection". The Hindu.
11. "Award-winning Bhima designs". The Hindu.
12. "Highest Tax Payer-State Award". The Hindu. 2010-12-14. Archived from the original on 2011-02-09.
13. "GKSF top slot for Bhima". The Hindu. 2011-02-02. Archived from the original on 2011-02-06.
14. "Grand Kerala Shopping Festival (GKSF)". The Hindu.
15. "Grand Kerala Shopping Festival (GKSF) Kerala".
16. "Achievement for Bhima". The Hindu.
17. "Khaleej Times".

External links

• www.bhima.ae
• www.bhima.com
• www.bhimagold.com