Bangalore-based Rajesh Exports Ltd, a gold jewellery manufacturing and exporting company is all set to launch 25 new showrooms of its retail venture, Shubh Jewellers. The new showrooms have been launched in Karnataka during the festival of Dhanteras, all through the franchise route.
The company is also looking forward to an aggressive retail expansion plan, by opening 500 stores across India by 2014. Presently, Shubh Jewellers has 44 outlets across India out of which 41 are located in Karnataka. 39 of its 44 stores are franchised while the rest are company owned.