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01:17 PM | Sun, 23 Oct 2016

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Senco Gold & Diamonds Signs Sports Icon Mr Sourav Ganguly As Their Brand Ambassador

382 Days ago

Business Wire India

  • To Have 100 Stores By 2016
  • To Promote Bengal’s Jewellery Craftsmanship Across the Country
  • Aiming To Double The Turnover To Rs 2000 Crore by 2017 – 18
  • To Manufacture 10,00,000 Jewellery Pieces Per Year 2016 - 17
  • Diamond Jewellery Sales Will Be Given Special Focus
  • To Invest Rs 350 Crore By 2018 To Cater To The Expansion Plans
  • Plans To Go For IPO By 2017 - 18
Senco Gold & Diamonds, one of the largest jewelry brands of the country, today announced the signing of the doyen of Indian sports, Mr Sourav Ganguly as their brand ambassador. Sourav will be seen endorsing the brand in major way as Senco Gold & Diamonds will have a 360 degree promotional plan across the country.

Senco Gold & Diamonds is a 78 year old legacy that stands for trust and craftsmanship. With the best Bengali Karigars working with Senco Gold & Diamonds over generations, the company is a hub of creative designs. In the pursuit of reaching out to existing and new customers across India, Senco Gold & Diamonds was looking for a face who is from Bengal, well known across the country and at the same time will represent the brand attributes, that is, a leader who is traditionally rooted and yet contemporary in outlook.
“After innumerable surveys and discussions, we decided to zero in on the sports icon from Bengal, Mr Saurav Ganguly as our Brand Ambassador as he was the only person who resembles the brand attributes of Senco Gold & Diamonds”, said Mr Sankar Sen, Managing Director, Senco Gold & Diamonds.  
“Senco Gold & Diamonds is a name to reckon with in the branded jewellery segment. It is a name that is built on trust, class and unique craftsmanship of the Bengal Karigars over a period of time. It is good to see the way they have charted their growth path and changed with the changing times. It gives me immense pleasure to be associated with a growing and evolving group like them”, said Mr Saurav Ganguly, Brand Ambassador, Senco Gold & Diamonds.
“With a global icon like Mr Saurav Ganguly on board, we would embark on a massive expansion drive. We would be investing over Rs 350 crore within 2017 – 18 to meet our requirements. By the end of 2016 would be having 100 stores across the country. We intend to double our turnover from domestic retail operations to Rs 2000 crore from the existing Rs 1000 crore by 2017 – 18. Plans are afoot to go or an IPO in two years’ time”, said Mr Suvankar Sen, Executive Director, Senco Gold & Diamonds.
Senco Gold & Diamonds, which has manufacturing units in Kolkata, Coimbatore & Rajkot besides having contract manufacturing facilities across the country, also plans to increase their jewellery production from 6 lakh pieces a year to 10 lakh pieces a year in two years’ time. The company will also give special focus in selling diamond jewellery. The advertising budget will also get a boost. The company is planning to expand its exports to Singapore and Dubai markets from the coming year.
About Senco Gold & Diamonds Ltd:
The company is 77 years in the business of jewellery making and retailing. It started its operation in the year 1938. Being from the city of creativity and craftsmanship, Senco Gold is known for its light weight jewellery which looks heavy but weighs less thus making it more affordable. Right from Middle class to Upper class of customers can get their choice from the wide variety and collection. They have the best of the Bengali craftsmen in their ranks to bring out the most exquisite designs available in the country. Senco Gold & Diamonds exports in UK, USA, Singapore and West Asia.

Photo Caption: 
Photo 1- (From Left- Right):  Mr Sankar Sen, Managing Director, Senco Gold & Diamonds with Brand Ambassador, Mr Sourav Ganguly and Mr Suvankar Sen, Executive Director, Senco Gold & Diamonds on the extreme right hand side
Photo 2- (From Left- Right): Mr Sourav Ganguly after the announcement with the models showcasing the jewellery collection

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