Aug 16 (PTI): Jewellery retailer Tribhovandas Bhimji
Zaveri (TBZ) announced its plan to open 57 new show
rooms in 11 states with the investment of over Rs 1000
crore, a top executive said.
"TBZ
currently has 16 show rooms in 10 cities across five
states and intends to open 57 show rooms in 11 more states
for which we will invest over Rs 1,000 crore," TBZ
chairman and managing director Shrikant Zaveri told reporters here after inaugurating its new showroom in the
city.
On
TBZ's expansion in Gujarat , Zaveri said the retailer will open eight more show rooms in the
state with total investment of Rs 250 crore."The
show rooms will be opened in the cities of Vapi,Morbid , Gandhinagar,
Gandhidham, Ahmedabad and other locations,"
he said, adding the company has clocked an annual turnover
of Rs 1385 crore in FY12.
"Our
new showroom will provide the unique shopping experience
that suits various festive occasions and moment of joy
and celebration. Our trendy jewellery products are designed
to meet the people's aspirations through their elegance,
style and modernity," Zaveri added.
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