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Tara Jewels signs agreement with Franchise India
Intends to take ahead its PAN Indian expansion plans
By: Diamond World News Service
May 13 2014 6:47PM
Reference: 9123  

To take its expansion plans PAN India, Tara Jewel Ltd. has signed an agreement with Franchise India, Asia's largest integrated franchise solution company. Mr. Vikram Raizada, Executive Director & CEO – Retail, Tara Jewels Ltd. said, “We are happy to collaborate with them for our future goals and objectives regarding expansion, I believe this will help us in growing and becoming a market leader."

Tara Jewels has grown in its retail journey through 18 years in the international market and since 2010 when it entered the Indian retail jewellery market. This public listed company operates 40 company owned and company managed retail outlets across 32 cities in North, West and Central India and is recognised as an Indian brand offering an international appeal. The stores offer a portfolio of BIS hallmarked gold and internationally certified diamond jewellery for the contemporary Indian woman.

To facilitate its expansion, Tara Jewellers intends to launch franchise outlets with a minimum investment of 1800 sq ft from franchise partners. With a return of investment of 21 percent Tara Jewellers exhibits its strength and growth in the market.

Ms. Sonya Chowdhary, Director, Franchise India Brands Limited said, "We and Tara share the common vision of expanding at fast pace by franchise route and Tara sure has huge business scope.”

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