Kalyan Jewellers has chalked out an expansion plan to double its retail stores to 250 in India and abroad as well as the turnover to Rs 25,000 crore over the next five years. The Kerala-based jeweller currently operates 100 stores in the country and 32 overseas with a turnover of Rs 10,500 crore in the 2017-18 fiscal year. A source from the company says they have spent Rs 600 crore to launch 10 stores in the first of this fiscal and the remaining Rs 400 crore will go towards adding 9-10 more stores by March 2019. Kalyan Jewellers’ expansion plan is a new business opportunity for the signage companies involving in in-store projects.
