Nakshatra launches first jewellery store in Jaipur

India’s iconic jewellery brand, Nakshatra has added yet another star to its constellation of stores across the country with the launch of its first store in Jaipur.

Nakshatra, which kick started a massive surge in demand for diamond jewellery after its launch in 2000, has further expanded its network across the country with its entry into Jaipur.

Amrish Masalia, COO, Nakshatra Diamond Jewellery said, “With the opening of this new store, our customers in Jaipur will now have easier access to our jewellery with a wide choice in range as well as designs. The store will also display jewellery from True platinum and Nizam.”

The new store is strategically located in one of the most up market shopping areas of Jaipur and is the first Nakshatra Jewels store in the city. On display is a wide assortment of jewellery from sparkling diamonds to glittering gold and from light pieces for daily wear to heavy pieces for special occasions from Nakshatra as well as an exquisite range of bridal jewellery from Parineeta.

There are two models available for opening a Nakshatra franchise. For Nakshatra universe an investment of Rs 2-3 crore is required with an area of 500 sq.ft and for Nakshatra jewels an investment of Rs 5-10 crore with an area of 1000 sq.ft is required. The RoI is 22 per cent.