Taking The Trade To New Dimensions
FINE JEWELLERY to raise $26.8 MN IN PRIVATE EQUITY
Fine Jewellery India Ltd., a diamond jewellery exporter from India, is considering to raise funds to finance the expansion of its domestic retail business and manufacturing capabilities.
The company estimated th requirement at Rs.115 crore to enhance its manufacturing capacity and to open 30 New jewellery stores across the country in the next three years. It currently sells jewellery under the ‘Nirvana’ brand name.
The jeweller has the capacity to produce 1 million jewellery pieces per year and an installed capability to consume 500,000 million carats of diamonds a year.
The company estimated th requirement at Rs.115 crore to enhance its manufacturing capacity and to open 30 New jewellery stores across the country in the next three years. It currently sells jewellery under the ‘Nirvana’ brand name.
The jeweller has the capacity to produce 1 million jewellery pieces per year and an installed capability to consume 500,000 million carats of diamonds a year.
