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Indian MarketExpansion Announcement

Mandira by Manepally Outlines South India Franchise Expansion with FOFO and FOCO Models

Mandira by Manepally, the gold-plated silver jewellery brand backed by six-generation Manepally Jewellers, has outlined a South India expansion through structured FOFO and FOCO franchise models, with an entry investment of about ₹3.18 crore.

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By - FE Bureau

Franchise News Desk

9 October 2026Brand in focus: Mandira by ManepallyRetail
Mandira by Manepally premium silver jewellery store grand opening decorated with flowers and red carpet, Hyderabad jewellery showroom launch.
Mandira by Manepally premium silver jewellery store grand opening decorated with flowers and red carpet, Hyderabad jewellery showroom launch.

Heritage Meets Franchise Retail

Mandira by Manepally, the premium gold-plated silver jewellery brand backed by Hyderabad-based Manepally Jewellers, has outlined an ambitious retail expansion strategy across South India through two structured franchise models.

The initiative aims to build a stronger presence in the organised silver jewellery segment, as elevated gold prices encourage buyers to explore alternatives for bridal and occasion wear.

Six Generations of Foundation

Manepally Jewellers, established in 1890, operates six flagship showrooms across Hyderabad and, according to the brand, has served more than 35 million customers across Telangana — providing an established retail foundation for the expansion.

ElementDetail
ParentManepally Jewellers (est. 1890)
SegmentGold-plated silver jewellery
ModelsFOFO and FOCO
Entry investmentAbout ₹3.18 crore
Focus regionSouth India

Why Silver, Why Now

Mandira’s collections recreate the visual richness of traditional gold ornaments through elaborate craftsmanship, targeting bridal and occasion-led purchases from consumers seeking the appearance of gold at a more accessible price point.

Source: [Orozone Jewel News](https://www.orozonejewelnews.in/article?slug=mandira-by-manepally-eyes-south-india-expansion-with-3-18-crore-franchise-entry)

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Mandira by Manepallysilver jewelleryfranchise expansionSouth India