Thangamayil Jewellery Limited has received the prestigious IAGES accreditation, marking another milestone in its commitment to ethical, transparent, and responsible gold retailing. The accreditation reinforces the company’s dedication to consumer trust while aligning its operations with industry-leading standards across the gold value chain.
Quick Summary
- Thangamayil Jewellery has received IAGES accreditation.
- The accreditation highlights the company’s commitment to ethical, responsible, and transparent gold retailing.
- IAGES promotes industry-wide standards across the complete gold value chain.
- IAGES currently has a presence in 200+ cities with over 600 accredited partner outlets representing 100+ brands.
- Thangamayil Jewellery operates 65 stores across Tamil Nadu.
- The accreditation strengthens consumer trust while enhancing the retailer’s market credibility.
Thangamayil Jewellery Earns IAGES Accreditation
Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognised chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner.
Understanding the IAGES Accreditation Framework
The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation established by and for the Indian gold industry, unites retailers across the country with a standard code of conduct to be followed across their entire value chain, allowing them to earn the confidence and trust of their consumers, the moment they step into a store. The IAGES accreditation framework spans the entire gold value chain – from Refining and Bullion trading to Manufacturing, Assaying, Hallmarking, Retailing, and Digital Gold Selling, ensuring that every touchpoint meets the highest standards of accountability.
Growing Presence Across India
Currently IAGES has its footprints in 200+ cities with 600+ accredited partner outlets of 100+ accredited brands. Consumer can check the accredited partner list on IAGES official website www.iages.com.
TMJL’s Legacy of Trust
Over the last 26 years, the publicly listed company TMJL has built a reputation for trusted purity and customer-first service in all its 65 stores located in the state. The IAGES accreditation further consolidates its commitment to elevating its service and operations to serve consumers most authentically.
IAGES on Consumer Confidence
“Gold holds a deep cultural and financial significance for consumers in South India – the most dominant region for the sector – and informed and aware consumers are increasingly demanding greater accountability from the retailers they trust. We are delighted to have Thangamayil Jewellery join the growing IAGES network, and hope that together we can transform India’s gold buying mindset into a more confident, positive one, in the years to come,” said Kaushlendra Sinha, CEO, IAGES.
Benefits of IAGES Accreditation
An IAGES accreditation not only benefits the consumer serving as an assurance that the gold they purchase has been sourced, processed, and sold with complete ethical responsibility, but also the retailer. Among the several benefits an IAGES-accredited retailer enjoys are strengthened market credibility, a competitive advantage over non-accredited peers, and deeper trust among both loyal patrons and new consumers.
Thangamayil Jewellery’s Commitment to Consumers
“At Thangamayil, trust is the foundation of our business, and we are always exploring new ways to build and grow our relationship with our consumers. The IAGES framework has given us a great opportunity to work within a stringent set of standards that reflect our own brand ethos,” said Mr.Ba.Ramesh, Joint Managing Director, Thangamayil Jewellery Limited.
FAQs
What is IAGES accreditation?
IAGES accreditation is a recognition awarded to jewellery retailers that adhere to ethical, transparent, and responsible practices across the gold value chain.
Why is Thangamayil Jewellery’s IAGES accreditation significant?
The accreditation reinforces the company’s commitment to consumer trust, responsible sourcing, and maintaining high industry standards.
What does IAGES stand for?
IAGES stands for the Indian Association for Gold Excellence and Standards, a self-regulatory organisation for the Indian gold industry.
How does IAGES benefit consumers?
It assures consumers that the gold they purchase has been sourced, processed, and sold following ethical and accountable industry practices.
How many stores does Thangamayil Jewellery operate?
Thangamayil Jewellery operates 65 stores across Tamil Nadu.
Source: SVAR Media Network
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