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Kalyan Jewellers to invest huge to open 17 new showrooms

Leading jewellery chain Kalyan Jewellers proposes to invest Rs 1,400 crore this fiscal to set up 28 showrooms across the country and Gulf. At present, Kalyan Jewellers has 55 showrooms in India and will open 17 new ones with an investment of Rs 900 crore and 11 in Gulf countries by investing Rs 500 crore. Of the new showrooms planned in India, five would be in Kerala in Tier II and III towns, including Attingal, Angamally and Adoor; three in Kolkata, two more in Mumbai and Bangalore, among others. Such new expansion plan of the jewellery major is one of the opportunities which signage players engaging in in-shop branding, designs, displays, fabrications, etc can tap for new projects.

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