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PC Jeweller spends Rs 175 crore for purchase of gold and diamond jewellery stocks

14 May 2013 Evaluate

PC Jeweller has spent Rs 175 crore since last month to purchase gold and diamond jewellery stocks for six new retail outlets. It further plans to invest Rs 225 crore more in the next quarter for expansion. The entity has five jewellery manufacturing plants in Dehradun and Noida and has 30 retail stores till date.

PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets.

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