Retail brand Kalyan Jewellers has announced its plan to spend Rs 300 crore for adding 8 new showrooms across five states in the south. The states are Andhra Pradesh, Tamil Nadu, Karnataka, Kerala and Telangana. The company plans for two showrooms in Andhra Pradesh, Tamil Nadu and Karnataka, one showroom each in Kerala and Telangana. This expansion plan of the company comes in line with the company’s strategy of investing in market penetration to touch 250 showrooms in five years. Kudos to the retail expansion plan of Kalyan Jewellers, as this will bring a new business opportunity for the signage companies whose activities involve in in-store branding and graphic projects.
