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PC Jeweller plans opening more stores

Also, hopes the gold import duty will reduce in forthcoming budget

diamond world news service

Leading jewellery retail entity PC Jeweller is considering increasing its store count by another 15 stores, reports say. It also expects India’s gold import duty to reduced from the current 10 percent, reports. The country will be presented Union Budget of 2014, in s few days this month. The company

The company noted that the rise in import duty in gold last year, to 10 percent affected the jewellery industry. It hopes the duty will be reduced to 4 percent in the budget, reports add.


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