📷 Image: Wikimedia Commons / Vice President's Secretariat, Government of India
Business
Silver trader Banwarilal Chandiwala expands beyond Bihar via malls and mobile vans
✍️ The Economic Times
🗓 30 Sep 2026, 03:01 AM
👁 10
Entrepreneur Banwarilal Chandiwala is taking his silver retail business out of Bihar, opening stores in shopping malls and launching mobile vans to reach new markets.
Banwarilal Chandiwala, a well‑known silver trader from Bihar, announced a strategic push to broaden his retail footprint beyond the state. The expansion plan involves setting up dedicated silver counters in major shopping malls across neighboring regions and deploying a fleet of mobile vans equipped to display and sell silver jewellery on the move. Chandiwala says the dual‑channel approach is designed to tap into rising consumer interest in gold‑free investment options and to make authentic silver more accessible to shoppers outside traditional markets. Industry observers note that the move mirrors a wider trend of regional merchants adopting modern retail formats to capture a larger audience.