War delayed plans for UAE, Dubai markets, says Tata Group’s luxury diamond brand Zoya

Tata Group’s luxury diamond boutique brand, Zoya, operated under Titan Company, on Wednesday indicated that the U.S.-Israel war on Iran delayed expansion plans for UAE and especially its foray into Dubai.

Amanpreet Ahluwalia, Business Head of Zoya, touted as the country’s only luxury diamond brand, told The Hindu that the brand has been growing at a CAGR of 40% in the last five years and it was planning to deepen its presence in India and expand its reach to global markets to cater to large communities of the Indian diaspora.