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Tuesday, 11th September 2007 (4698 views)

India's Malabar Gold has announced that it is to invest funds into a number of new jewellery showrooms.

According to the Economic Times, the company is to invest funds over the next two years for new showrooms both in India and abroad.

Showrooms will be opened in Kuwait, Bahrain and Muscat in the Gulf, and northern states of India, according to the newspaper.

"The group plans to open 12 showrooms in 2008. Bangalore will have another within a year's time," the managing director of Malabar Gold was quoted by the newspaper as saying.

Gold is one of the major aspects of the jewellery producer's line-up, with necklaces, bangles, earrings and accessories made of the precious yellow metal in "edgy, contemporary, supremely confident" styles.

Malabar Gold claims that its showrooms are designed on neo-classical lines with interiors that are "elegance personified".

 

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