Financial Daily from THE HINDU group of publications
Tuesday, Sep 28, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Announcements
Marketing - Strategy


Orra to invest Rs 90 cr in store development, communication

Our Bureau

Chennai , Sept. 27

ORRA, part of the Belgium-based Rosy Blue Group, one of the world's largest diamond manufacturing companies, plans to invest Rs 90 crore in store development and communication over the next three years, according to Mr Anandshiv, General Manager, Marketing, Orra. The company plans to set up 45 stores in this timeframe.

Mr Anandshiv said the company is in the process of rolling out the retail outlets all over India. By the end of September, there would be 20 stores in place.

The company is spending Rs 3 crore for its print and TV advertising, which started in September and will go on until the first week of November.

The company sells cut and certified diamonds from Belgium. The price ranges from Rs 5,000 to Rs 7 lakh.

The Orra range incorporates designs from around the world. It also has design centres in New York, Antwerp, Hong Kong and Tokyo.

More Stories on : Announcements | Strategy | Gems & Jewellery

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
MRPL to invest Rs 200 cr for Euro IV facilities


Ranbaxy gets US FDA nod for Clarithromycin
Orra to invest Rs 90 cr in store development, communication
IVRCL bags Rs 216-cr order
Cancellation of telecast rights — Constitution Bench to hear Zee's plea from today
Govt's special audits now open to ICWAI members
Losing sight of FACT
Kerala Govt takes over Halcyon Castle; M-Far moves HC
KITCO achieves Rs 3.6-cr turnover
Chola Finance plans to raise Rs 200 crore
Indoco acquires anti-cold brand Karvol from Solvay
Benetton to buy out DCM for Rs 15 cr
Merck to sell Taloja plant to Biochem for Rs 10 crore
Michelin Pune plant by end-2005
Suryalata Spng to raise capacity
Sundram Fasteners to expand Madurai unit
CLB orders BPL Comm not to change shareholding pattern
NTPC advice to investors: Read risk factors
Eveready Industries plans tourism foray
ITC Foods open to tie-ups for adding capacities in biscuits
E.I.D. Parry's sweet experiments pay off



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line