Investment in the expansion will be drawn from internal accruals.
As part of its brand strategy, it will also introduce a new sub brand in every 3-4 months, including a new collection under its existing detachable jewellery 'Flexia' brand and a new brand in April, reports add. Backed by positive expectations from the budget, the company is looking at a growth of 20 percent in its turnover by next fiscal, reports add.
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