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Apparel

MMTC to add a gold brand

State-owned MMTC is planning to launch a new gold jewelry brand, aimed at expanding its footprint in the domestic retail market. Of the company’s estimated turnover of Rs 67,500 crores in 2010-11, precious metals are expected to contribute Rs 50,000 crores. The company also plans to set up over 30 more retail outlets to sell the branded jewelry....

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