Tiffany gets set to foray into India

Leading US jeweller Tiffany & Co is in talks to enter India through a 51 percent JV with actress-turned-luxury entrepreneur Reena Wadhwa, who already has a JV with Italian luxury brand Gucci. The deal is on the table now and could be signed soon. Reena Wadhwa, who is married to investment banker and Ambit Group CEO Ashok Wadhwa, will float a new venture to run Tiffany’s business. Surging in the Indian retail segment has been a proven sign of new business development in the country. And such development will bring in a fresh opportunity in the business of the signage companies dealing in the in-shop/in-store signs and graphics.

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