Rajesh Exports to expand stores six-fold

Rajesh Exports has embarked on an ambitious expansion of its retail chain Shubh Jewellers, with the goal of becoming the largest jewellery retailer in the country. The BSE-listed jewellery exporter which operates 73 stores in Karnataka is planning to increase it to 550 across the south Indian states in the next three years. The company plans to invest about Rs 6,600 crore for the expansion and expects revenues of Rs 25,000 crore by 2014. Then it is a signal showing that signage companies engaging in the in-shop displays and signs would get a new opportunity to expand their business in the sector.

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