Gitanjali Jewels, the leader in branded jewellery in India, has inaugurated its first store in Vadodara at Gujarat. The company is also planning to open stores in Morbi, Rajkot, Surat, Gandhidham and other cities across the state. The company plans to open 60-65 stores mostly in smaller towns of the country by end of 2013. The company is betting on rising income levels and brand consciousness in these towns to drive business.
Gitanjali Group is a 52-year-old entity having stores outside the country including USA. It is only in the last few years that it is concentrating on retail markets to boost revenue. Gitanjali has a presence in more than 60 cities across India with 90 stores.
Gitanjali Group has operational presence starting from sourcing of rough diamond, cutting, polishing and distributing, to jewellery manufacturing, which includes designing, mould making, wading, casting, sprue grinding, filing, and polishing etc.
Company Name | CMP |
---|---|
Titan Co | 3443.45 |
Kalyan Jewell.India | 407.40 |
Rajesh Exports | 279.45 |
Sagar Diamonds | 28.80 |
Senco Gold | 924.00 |
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