# BlueStone targets 700 stores, Rs 12,000 crore revenue by FY30

2026-08-10T12:50:15+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Jewellery retailer BlueStone plans to expand from 340 stores to over 700 and reach Rs 12,000 crore revenue by FY30, founder Gaurav Singh Kushwaha told ETRetail. The company reported 49 per cent revenue growth and 39 per cent same-store sales growth in Q1FY26. It currently runs about 350 stores across 139 cities and will add nearly 70 stores in FY27. Repeat customers contribute over half of sales. BlueStone is betting on men's jewellery, running five dedicated stores in premium malls, with plans to add five more. The company commands less than 1 per cent of India's roughly $100 billion jewellery market.

## Coverage

- retail.economictimes.indiatimes.com <https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/bluestones-growth-story-gets-bigger-as-indias-jewellery-consumer-evolves-says-founder-gaurav-singh-kushwaha/133061736>

Tags: BlueStone, expansion, jewellery retail, men's jewellery, omnichannel
Canonical: https://indianopinion.org/bluestone-targets-700-stores-rs-12000-crore-revenue-by-fy30/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/bluestone-targets-700-stores-rs-12000-crore-revenue-by-fy30/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.
