Joyalukkas India is planning to launch jewellery stores across India.


Retail

Status: Planning Stage
Promoter: Joyalukkas India
Project: Jewellery stores
Location: Across India
Current Status: The company plans to roll out 15 jewellery stores in Maharashtra and also expand its presence in Gujarat, Kolkata and Delhi in the next three years. On average each year, the company plans to launch 10-11 stores across the country. As part of its ongoing expansion in Andhra Pradesh, it would launch three gold retail stores in Khammam, Warangal and Kadapa this month, involving an investment of Rs. 550-600 million for each 1,000 SQFT store, and three such stores in Tirupati, Rajahmundry and Karimnagar by April. The company is to launch the pilot 100,000 SQFT ‘Mall of Joy’, a customized wedding collection mall in April in Thrissur. Later, the company would launch three such malls in Kottayam, Thiruvananthapuram and Kochi, each with an investment of Rs. 1 billion within the next two years.

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