asmi news and archive

Gitanjali expanding its footprint

Gitanjali Jewellery Retail Private Limited, a unit of the Gitanjali Group that retails jewellery, fashion, lifestyle and luxury products is planning to expand its business aggressively in 2010. They are looking at opening 35 exclusive brand outlets in major cities across India within this year. Gitanjali Jewellery, is a leading manufacturer of...

Apparel

Gitanjali acquires Salasar Retail

Gitanjali Group the pioneers in diamond and jewellery manufacturing in India has acquired a 76 per cent stake in Salasar Retail Ltd. The acquisition is part of the group’s retail expansion strategy of acquiring a chain of mid-sized department stores across India. The group plans to roll out multi-format retail stores under the name ‘Maya’. The...