Tanishq eyes US growth after New Jersey debut, sees runway for Indian retail brands

A month after opening its first US store on Oak Tree Road, New Jersey, Tata's Tanishq is targeting the high-income Indian diaspora and plans a Chicago location. It pegs the US jewelry market at USD 60 billion, with the Indian American segment worth USD 3 billion, following a two-year market study.

— Filed Wed, 8 Jul, 2026, 05:36 IST · Source Financial Express · BrandWagon · Updated

Tata's Tanishq, a month after opening its first US store on Oak Tree Road, New Jersey, says America offers huge opportunity for Indian retail brands, targeting the high-income Indian diaspora with plans to expand to Chicago.

Why this matters

Builds on Tanishq's New Jersey debut and stated Chicago ambitions, showing a structured US diaspora play backed by a two-year study rather than a one-off store opening.

Retail-brand activity holding steady with 2,643 signals over the past 90 days.