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    Question

    Which conglomerate recently introduced a jewelry brand,

    'Indriya', following an investment of Rs 5000 crore?
    A Aditya Birla Group Correct Answer Incorrect Answer
    B Adani Group Correct Answer Incorrect Answer
    C TATA Group Correct Answer Incorrect Answer
    D Reliance Industries Limited Correct Answer Incorrect Answer
    E Vedanta Limited Correct Answer Incorrect Answer

    Solution

    Launched on 26th July 2024, the Aditya Birla Group expanded into the branded jewelry sector with the introduction of 'Indriya' under Novel Jewels Limited, involving an investment of Rs 5,000 crore. The group aims to position itself among the top three jewelry retailers in India within the next five years. Leadership includes Dilip Gaur as Director and Sandeep Kohli as CEO. The India Brand Equity Foundation (IBEF) notes that the gems and jewelry sector contributes 7% to India's GDP.

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