By opening 52 new shops, Kalyan Jewellers India intends to increase its retail footprint by more than 30% in the upcoming year.
The expansion will primarily target the non-South area, which now provides 35% of the India business.
Franchisees will play a significant role in fueling the expansion. The FOCO (Franchise Owned Company Operated) model is used by the business.
It intends to expand its existing operations in all metros while also attempting to expand its geographical footprint into tier II and tier III cities in the north, east, and west.
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