Shubh Jewellers plans rapid expansion

Shubh Jewellers, a retail venture of a gold jewellery manufacturing and exporting company, Rajesh Exports, plans expansion via franchising. The company that has recently opened 25 new Shubh Jeweller showrooms in Karnataka is now planning to take its store count to 125 within the next two quarters.

The company also aspires to expand its retail presence in three other south Indian states as well as pan India by launching 500 Shubh Jewellery showrooms by 2014.

Presently, Shubh Jewellers is present in 58 locations in Karnataka and 73 outlets across India through a combination of franchise and company-owned showrooms.