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Kalyan jewellers to open 7 showrooms in Qatar

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Press Trust of India Kochi
Kerala-based Kalyan Jewellers today announced its foray into Qatar later in the month.

The company said it would open seven showrooms in Doha, Qatar's capital, in a single day later in the month and its global brand ambassador Amitabh Bachchan will inaugurate the showrooms.

"He will be accompanied by...Film stars Nagarjuna, Prabhu Ganesan and Manju Warrier for the launch," it said.

Kalyan Jewellers has been steadily expanding its presence in the Gulf Cooperation Council (GCC) region since it launched its international operations. In two years, the company has opened over 40 showrooms in India and the GCC, it added.

Company's Chairman and Managing Director T S Kalyanaraman said: "We have registered a healthy double digit growth rate in our business in the GCC and believe that the Qatar presence is critical for us to push the GCC share of the group turnover to the 40 per cent mark, which is our medium-term target."
 

The jewellery firm had earlier made its entry into the GCC by launching six showrooms on a single day in UAE.

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First Published: Mar 17 2016 | 7:57 PM IST

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