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His father, Varghese Alukkas "A. J. Varghese" of the Alukkas family started the jewellery business by setting a store in Thrissur, Kerala, India. [3] Later Varghese shared his business among his sons - Jos, Francis, Joy Alukkas and Anto Alukkas. Joy Alukkas is concentrated in overseas business and started trading in gulf countries.
Jos Alukkas is also known for pioneering the concept of "gold supermarkets," which are large-format stores featuring extensive collections of jewellery. Today, the Jos Alukkas Group, chaired by Jos Alukkas and managed by his sons Varghese Alukkas, Paul J. Alukkas, and John Alukkas, operates over 60 large-format jewellery showrooms across India ...
Additionally, several other traditional shops stores such as ARY Jewellery, Joy Alukkas Jewellery and the Dubai Fish and Vegetable Market are located in Al Dhagaya. Al Dhagaya's northern periphery lies along the Dubai Corniche; the Al Shindagha Tunnel, which connects Deira to Bur Dubai, runs through the northern coast of Al Dhagaya.
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The souk consists of over 300 retailers that trade almost exclusively in jewellery. Retailers in the souk include both well established stores like Damas, ARY Jewellery, Shyam Jewellery and Joy Alukkas as well as smaller stores that operate mainly in the gold souk.
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