Joy Alukkas followed in his visionary father’s footsteps and expanded the ‘Joy Alukkas’
name to a global level. His father Varghese Alukkas started his first jewellery
showroom in 1956 and since then Joy Alukkas has made ‘Joyalukkas’ a household name
in jewellery. Joy Alukkas took his first step by setting up the jewellery showroom
in UAE in the year 1987, since then there has been no looking back.
Joy Alukkas’s success is the result of his forethought. In 1987, when he flew to
UAE to explore the untapped market, little did he realise 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 India, UK, Qatar, Oman, Bahrain, Kuwait and Saudi Arabia
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.
Joy Alukkas became the first jeweller in the Middle East to be awarded both the
ISO 9001 and ISO 14001 certification and to be recognised by the Dubai government
with the Dubai Quality Award under Trade category in 2008. The Joyalukkas group
has received a long list of awards under his leadership.
It was due to his vision that Joyalukkas CSR (Corporate Social Responsibility) efforts
were given shape through unique business models. Such an effort is the first of
its kind 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
Joy Alukkas revolutionised retail jewellery trade in India by introducing training
programs for his employees and also created the concept of “wedding centre” within
the jewellery store. Many a feather is 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.
Today Joy Alukkas leads the various business interests of the Group which includes,
Jewellery, Money Exchange, Malls, Fashion & Silks & Luxury Air Charter.