Reliance Retail plans foray into jewellery
Mukesh Ambani-promoted Reliance Retail is planning to aggressively foray into jewellery retailing segment in a big way. Confirming the new development, Bijou Kurien, president & chief executive - lifestyle, Reliance Retail told, “We are planning to set up about 400 to 500 jewellery retail outlets across the country, beginning with major metroes. For the purpose, we are in talks with gems and jewellery manufacturers and exporters in order to enter into tie-up with them for sourcing designer jewellery from them in sync with the trend in the national and international market. But, we will not enter into manufacturing jewellery.”
