The Gitanjali Group is supposedly planning to make an investment of Rs4bn to expand its retail base in India and overseas markets over the next 18 months. The company plans to increase its exclusive jewellery retail outlets in India almost three times from 150 currently.
According to reports, the comapny-owned jewellery retail outlets in the US, China and the Middle East put together will be doubled from 140 at present. The expansion will be mainly met through internal growth.
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