Jeweller Kalyan on expansion spree with 1000cr investment
07 Sep '06
1 min read
In a massive expansion scheme, Thrissur-based Kalyan Jewellers of the Kalyan Group is planning a chain of 40 stores in the southern parts of the country and in the Gulf with an investment of over Rs1000 crore in next few years.
As part of the expansion, a shopping mall will be opened in Kochi which would have a six-storey extravaganza with an investment of over Rs150 crore.
All the important towns like Thiruvananthapuram, Kollam and district headquarters will soon have a jewellery outlet of the group.
The jewellery group aims to create awareness among the lay buyers of gold in Kerala about the need to buy BIS hall-marked ornaments and steer clear from unscrupulous traders.
marketing@alchempro.com
