Tanishq eyes US expansion after New Jersey debut, targets Chicago next
A month after opening its first US store on New Jersey's Oak Tree Road, Tata's Tanishq sees a large opportunity for Indian retail brands in America, driven by the high-income diaspora. It cites a USD 60 billion North American jewelry market and a USD 3 billion Indian American segment, with Chicago slated as the next stop.
Tata's Tanishq, a month after opening its first US store on New Jersey's Oak Tree Road, sees huge opportunity in America for Indian retail brands via the high-income diaspora, with plans to expand to Chicago.
Why this matters
Follows Tanishq's US debut on Oak Tree Road, which opened the door for Indian retail brands in the $60B American jewelry market and signaled a diaspora-led growth opportunity.
Store-opening activity is steady with 720 signals in the last 90 days.