Kerala's Chemmanur Jewellers plans to increase retail footprint to 100 stores by 2020

The company currently has 44 stores in India and abroad.
Kerala's Chemmanur Jewellers plans to increase retail footprint to 100 stores by 2020

Kerala-based jewellery firm Chemmanur is reportedly planning to add 56 retail stores in India and overseas by 2020 as part of expansion plan.

The company currently has 44 stores in India and abroad, and targets to reach 100 retail stores by 2020, a company official has reportedly reporters.

Chemmanur International Jewellers Group launched its new diamond jewellery collection AMRA in the national capital. It is also holding an exhibition here from March 16-24 which was inaugurated by BJP MP and actress Kirron Kher.

The company has recently signed football player Diego Maradona as brand ambassador.

On expansion plan, the official reportedly said that based on the customers response from this exhibition, the company will decide on expansion in north India.

He, however, did not provide details of investment to be made on this expansion.

Source: PTI


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