Eyeing Rs 1,000 cr turnover in 5-6 years, Tanishq plans to open 25 new standalone Mia stores by the end of the current financial year as it looks to grow turnover from the brand. Tata Group brand Mia, part of its jewellery division Tanishq, is eyeing Rs 1,000 crore turnover in the next 5-6 years as it expands its retail footprint across the country. Tanishq, which launched the brand for working women in 2011, sells the Mia jewellery range from its existing stores, standalone Mia stores and select shop-in-shops at multi brand outlets such as Shoppers Stop. The company plans to open 25 new standalone Mia stores by the end of the current financial year as it looks to grow turnover from the brand. Tanishq’s Mia store expansion is a new business opportunity for the signage companies that indulge in in-store projects.
