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To embark on its national expansion plans Kalyan Jewellers, India‘s leading jewellery chain set up three showrooms in Mumbai. These are Kalyan Jewellers 48th showroom. The showrooms are spread over 15000 square feet each. The Vashi and Thane showroom were inaugurated by Kalyan Jewellers brand ambassador Aishwariya Rai Bachchan and the Borivali showroom by Amitabh Bachchan.
Kalyan Jewellers are planning to open 5 more showrooms in the financial year 2013-14. The next showrooms in Surat and Nagpur will be opened in the first quarter of FY. 2013. Kalyan aims to have 100 stores spread across India by 2015. Kalyan has been at the forefront of pioneering efforts to educate the public of cheating and malpractices in gold quality and pricing through their campaign ‘Fight against Impure Gold”.
AmitabBachchan and Mrs. Aishwraya Rai Bachchan will represent Kalyan Jewellers nationally. To represent the company regionally they have stalwarts like Nagarjuna in Andhra Pradesh, Sivaraj Kumar in Karnataka, Prabhu in Tamil Nadu and Dileep in Kerala.
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.