

CaratLane is gearing up for its next phase of retail growth, with plans to add around 40 new stores in FY27. A measured rollout strategy will guide the expansion, with initial months focused on identifying the right locations before openings begin later in the year.
A small portion—roughly 10%—of the upcoming outlets will be directly owned by the company, while the rest will follow its existing partnership-led model. Currently, CaratLane operates nearly 369 stores, with a modest share under company ownership.
Geographically, the brand is prioritising growth in North, East, and South India, where it sees strong potential for scale. In contrast, expansion in Western India will be limited in the near term, as the company shifts focus toward improving the performance and efficiency of its already established network in the region.
Alongside domestic growth, CaratLane is also evaluating opportunities to enter international markets, particularly in West Asia. Backed by strong demand, the brand is aiming for robust double-digit revenue growth in the current fiscal year, supported by both network expansion and operational optimisation.