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

A month after opening its first US store on New Jersey's Oak Tree Road, Tata's Tanishq is targeting the USD 60 billion North American jewelry market, starting with the USD 3 billion Indian American segment. Chicago is next, with ambitions to eventually reach mainstream consumers.

— Filed Sat, 4 Jul, 2026, 05:34 IST · Source Financial Express · BrandWagon · Updated

Tata's Tanishq, a month after opening its first US store on New Jersey's Oak Tree Road, sees huge US opportunity driven by the Indian diaspora, with plans to expand to Chicago and eventually mainstream consumers.

Why this matters

Builds on Tanishq's New Jersey debut and diaspora strategy, expanding from a single store to plans for 20-30 outlets across North America and the Middle East, with Chicago next.

Retail-brand signals steady at 2,428 over the last 90 days.