<b><i>Joy Alukkas, followed in his visionary fathers footsteps and expanded the ‘Joy Alukkas’ name to a global level. His father Varghese Alukkas started his first jewellery showroom way back in 1956 and since then Joy Alukkas has made ‘Joyalukkas’ an household name in jewellery. Joy Alukkas took his first step by setting the jewellery showroom in UAE in the year 1987, since then there has been no looking back for Joy Alukkas. Today Joyalukkas is a USD 1 billion plus global conglomerate which has been personally created by Joy Alukkas in a span of merely two decades and with the single minded vision to consolidate Joyalukkas’ position as the world’s favourite jeweler. Joy Alukkas’s success is the result of his forethought. In 1987 he flew to UAE to explore the untapped market and little did he realize that he was going to change the way the world looked at jewellery. He set up his first shop in Abu Dhabi followed by Dubai, Sharjah, Al Ain and Ras al-Khaimah. The expansion since then has continued to rope in countries like UK, Qatar, Oman, Bahrain, Kuwait and Saudi Arabia. |
As a part of its Indian expansion, Joy Alukkas opened a number of outlets in his native state of Kerala, India in 2002 and soon he started expanding in states of Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh and Delhi. The flagship company of Joyalukkas touches the lives of over 10 million customers across eight countries through its 80 retail outlets and the success of which is credited to the chairman of the Group, Mr. Joy Alukkas.
Despite running a multi dollar retail gold and diamond jewellery business halfway across the world, Joy Alukkas wears his success lightly. He has his ear to the ground, his finger on the pulse and his feet on the ground. The fact is Joy Alukkas got to where he is because he never compromised with its corporate values and strongly believed that satisfied customers are the backbone of a company.
Joyalukkas became the first jeweller in the Middle East to be awarded both the ISO 9001 and ISO 14001 certification and to be recognized by the Dubai government with the Dubai Quality Award under Trade category in 2008. He has a long list of awards which Joyalukkas group got under his leadership.
It was due to his vision again that, Joyalukkas CSR (Corporate Social Responsibility) efforts were given shape through unique business models. Such an effort is the first of its kind taken up by any jewellery retail chain. For someone who has rarely –if ever –based his decisions on the more modern management tools such as graphs, scales and projections, Joy Alukkas‘s meteoric rise is a role model of entrepreneurial grit and intuitive enterprise.
Joy Alukkas revolutionized retail jewellery trade in India by introducing training programs for its employees and also brought the concept of “wedding centre” within the jewellery store. Many a feathers are attached to the success hat of Joy Alukkas, including the opening of the world’s largest showroom and the first Diamond Cave in Chennai, India, considered the jewellery hub of India. The phenomenal success of this showroom and this unique concept has proved his foresight and business acumen.</b></i>
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