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States - Andhra Pradesh
Musaddilal jewellers to expand

Hyderabad, Nov. 1

A jewellery mall, spread over 30,000 sq.ft. in four floors, promoted by the Musaddilal Bhagwat Swaroop Jewellers (MBS) in Hyderabad was inaugurated today by the Chief Minister, Dr Y.S. Rajasekhara Reddy. The MBS Group said it had invested over Rs 250 crore in the showroom. The group is planning an investment of Rs 1500 crore to set up a chain of premier jewellery showrooms across the country, according to a press release. Initially, seven showrooms will be set up in Andhra Pradesh within a span of eight months and subsequently, showrooms will be established across the country. - Our Bureau

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

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