In an absolutely groundbreaking revelation, Sky Gold’s Managing director and CFO, Mangesh Chauhan, has unveiled the company’s “evolving” strategy to combat the rising prices of gold—brace yourself—it involves adapting to reality. Yes, truly revolutionary stuff.
With gold prices skyrocketing, one might assume that companies like Sky gold would be in a bit of a pickle, struggling to keep customers interested in an increasingly unaffordable luxury. But fear not! Chauhan assures us that they have a "diverse model" in place. What does that mean? No one really knows, but it sounds important.
Chauhan, with the confidence of a man who knows gold will always sell no matter what, explained that Sky gold is focusing on "customer needs." Which is reassuring—because for a second there, we thought they were making jewelry just for fun. He emphasized that innovation is key, and by innovation, we assume he means finding new ways to convince people to buy overpriced gold while maintaining a straight face.
Another masterstroke in their growth roadmap? Expanding their product range—because nothing helps people struggling with rising costs like giving them more expensive options. You can now choose from a variety of designs while emptying your bank account at an even faster rate.
Sky gold also aims to boost its presence in the international market because, obviously, if gold is expensive in India, why not sell it somewhere even more expensive? Genius.
So, dear investors, rest easy. Sky Gold’s strategy is as solid as a gold brick—just as valuable and just as likely to be out of your budget soon.
click and follow Indiaherald WhatsApp channel