Published
Jan 1, 2020
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Reliance Jewels to focus on regional expansion for growth

Published
Jan 1, 2020

​Reliance Jewels, a subsidiary of Reliance Retail, is focusing on regional expansion for its next phase of growth in the Indian market, and plans to open stores in tier 2 and 3 markets this year.
 

Reliance Jewels to focus on regional expansion for growth - Reliance Jewels


Reliance sees huge growth potential in small town India and expects its expansion in smaller markets to generate robust business and contribute to revenue growth.
 
“The positive response from a few store launches in tier 2 and smaller regions has made us focus more on regional expansion. The customers here are in search of quality jewellery from brands that are unique and trendy with good customer service. Hence, that is what we are extending to our patrons in these markets,” Sunil Nayak CEO of Reliance Jewels, told BestMediaInfo.

“We plan to focus on our exclusive designs, fair pricing and great quality coupled with our best experience to deliver to our patrons. We also look forward to mark our presence across the country and expand in various regions so that we can ensure our exquisite collections are easily available to everyone who is interested in purchasing unique jewellery designs along with great quality services,” Nayak added.
 
Reliance Jewels have been rapidly expanding its presence across the country, with an aim to become one of the leading players in the country’s booming jewellery business.
 
Reliance Jewels now operates over 100 stores across 57 cities in India.

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