Rajesh Exports Ltd, one of India’s top jewellery manufacturer and exporters, plans to open 550 retail stores in three years in India on the back of robust demand for gold jewellery despite rising prices. Demand is consistent and good and so the idea is to have a retail store in every corner of India. The company wants to improve its margin, which the retail business offers as the profit margins in the export business are in the range of 1-1.5 percent. In the company’s attempt to surge its business, there would be privilege for new business for the signage companies, such as PSPs, fabricators, sign suppliers and others associated with retail companies.
