The lifestyle and jewellery arm of the Tata Group, Titan Industries, is planning to spend around Rs 200 crore for expansion next fiscal and is hopeful of closing this fiscal with a topline of about Rs 9,000 crore. The capex this year is Rs 238 crore… this will be about Rs 200 crore (next fiscal). The company plans on opening two to three new Goldplus stores this year, taking the overall number to 32. Such dynamic in the jewellery major’s retail expansion plan is a glitter that would enhance the business of those signage companies working across the retail sector.
