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Kalyan Jewellers to invest Rs 1,800 crore on expansion by FY17

Industry Retailing

Kalyan Jewellers is planning to open jewellery retail stores in cities such as Bhubaneswar, Nagpur, Aurangabad and Kolkata in India. It is planning to invest Rs 1,800 crore by FY2016-17 to expand its footprint across the country. Further, the company has also plans to open stores in Sri Lanka, Malaysia and Singapore in one-two years.

Extracted from ET, May 24,’15

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