Khazana opens showroom in Vijayawada

Khazana Jewellery, a retail venture of Khazana Jewellery (India) Private Limited, has opened its mega showroom at Vijayawada.

The showroom, the third in Andhra Pradesh and the last in the first phase of the company's expansion, was inaugurated by Telugu film actress and Khazana brand ambassador Shriya.

The company plans to open three more branches "� one each at Hyderabad, Coimbatore and Bangalore "� in the second phase of expansion. It is also planning to open branches in Colombo, Singapore and Dubai.

According to Jain, Khazana registered a business of Rs 170 crore in the 2004-05 fiscal. "We expect to garner a business of Rs 350 crore in the current fiscal," he said.