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Visakhapatnam Feb. 27 Laabh Jewellers is planning to set up 100outlets across the country in the next 18-20 months, according to the Chief Executive Officer, Mr Vipin Sharma.

He was speaking at a press meet here on Tuesday on the occasion of the establishment of the company's 28th retail outlet here. He said that the group had a sales turnover of over Rs 6,000 crore, of which exports accounted for Rs 5,500 crore. "We have opened a string of retail outlets recently and entered the domestic market. The domestic sales turnover is Rs 500 crore," he said.

Laabh Jewellers is an enterprise of Rajesh Exports Ltd, a leading jewellery exporter. Mr Sharma said the company was investing Rs 100 crore on setting up retail outlets in the current phase.

More Stories on : Retailing | Gems & Jewellery | Andhra Pradesh

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