INDIAN JEWELLER

IIGJ R&D centre inaugurated in Jaipur

The initiative will help place Jaipur on a competing platform with Thailand

Post By : Diamond World News Service On 16 March 2009 12:12 PM
Looks like in the coming years India will definitely become one of the leading diamond and jewellery trading hub what when big names are planning to either open up their stores or are planning to strenghthen their existance in India. Now the new company in the queue to improve its presence in India is French luxury brand LVMH.%%It intends to expand its presence in India from 18 to some 40 retail outlets during the next three years.%%LVMH watch and jewelry division CEO Valerie Lachaux opines that the company expects that India is among the top seven global markets for the company’s products, and represented “huge potential” in the next five years.%%Currently LVMH is registering double digit growth in revenues.

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