Shubh Jewellers plans to expand retail presence in the South
The brand launched its 81st retail showroom at Chennagiri, Karnataka
Rajesh Exports Ltd launched its 81st retail jewellery showroom in Karnataka under the brand name of SHUBH Jewellers at Chennagiri. The company has finalized plans to open another 44 Shubh Jewellers showrooms in the state of Karnataka, thereby making a total of 125 showrooms in Karnataka in the next nine month, after which REL would be launching Shubh Jewellers in other south Indian states of Andhra Pradesh, Tamil Nadu and Kerala. According to the company, Shubh Jewellers plans to expand its retail presence in a cluster approach, starting with Andhra Pradesh first. Shubh Jewellers plans to have 550 stores across the country by 2016.
Within a short period of 24 months SHUBH Jewellers has emerged as the largest retailer of gold jewellery in South India. This apart the company has the world's largest jewellery manufacturing facility at Bangalore, with a capacity to process 250 tons of gold into jewellery.
Rajesh Exports
Shubh Jewellers
First Published : April 02, 2013 12:00 am