|
Malabar Gold 'to
invest in jewellery showrooms'
India's Malabar Gold has
announced that it is to invest funds into a number of new jewellery showrooms.
According to the Economic Times, the company is to invest funds over the next
two years for new showrooms both in India and abroad.
Showrooms will be opened in Kuwait, Bahrain and Muscat in the Gulf, and northern
states of India, according to the newspaper.
"The group plans to open 12 showrooms in 2008. Bangalore will have another
within a year's time," the managing director of Malabar Gold was quoted by the
newspaper as saying.
Gold is one of the major aspects of the jewellery producer's line-up, with
necklaces, bangles, earrings and accessories made of the precious yellow metal
in "edgy, contemporary, supremely confident" styles.
Malabar Gold claims that its showrooms are designed on neo-classical lines with
interiors that are "elegance personified".
© 2007 Adfero Limited |
