Dubai-based jeweller JoyAlukkas Group is in the process of investing more than Dh1.81 billion (Dh6.67 billion) in expanding its retail network of jewellery stores in the Gulf and India, a top official said.
“We are planning to add up to a total of 200 stores including 100 stores in the next three years, covering all the Tier II, III and IV cities and towns in all the major states in India,” JoyAlukkas, chairman of the group told Gulf News. “Additionally, our current expansion plan in the GCC remains on course.”
He said per outlet requires an investment outlay of Rs500 million (Dh33 million).
No comments:
Post a Comment