Tara Jewels Ltd was incorporated as a private limited company on March 16, 2001, with the name Tara Ultimo Private Limited. Thereafter, pursuant to the Scheme of Merger the name of the company was changed to Tara Jewels Private Limited on March 25, 2009. It became a public limited company On September 23, 2010.
Tara Jewels is an integrated player in the jewellery industry with experience ranging from designing to retailing of jewellery. It is conferred with the status of a Star Trading House by the Ministry of Commerce & Industry, Government of India and have been the highest exporter in gems and jewellery sector for the years 2008-2009 and 2009-2010. The company's portfolio of products includes gold, platinum, honeydium, pristinium and silver jewellery with or without studded precious and semi-precious stones.
The company has four manufacturing units, of which one is located in Panyu, China. The other three units are located in Mumbai, India out of which two units are situated in SEEPZ and one in MIDC. It's manufacturing units are spread over an area of 84,584 square feet employing 35 designers and 955 craftsmen.
Tara Jewels exports studded jewellery which is manufactured by the company and by third party manufacturers. The company exports studded jewellery to jewellery chains including Christ Uhrean & Schmuck and retailers including Walmart. The company primarily exports to Australia, China, Canada, European Union, South Africa, UAE, UK and USA. In the European Union, it exports to 12 countries including Austria, Germany and Switzerland.
Jewellery retail operations of the company are conducted under the brand 'Tara Jewellers'. The company entered jewellery retailing in India in October 2008 with the launch of it's existing store at Andheri, Mumbai. At present, it operates 30 Stores over all.