Joyalukkas to open 16 outlets in tier-II cities.

Jewellery retail major Joyalukkas India Pvt. Ltd. is planning to open 16 outlets in tier-II cities next fiscal. The company will be investing nearly Rs. 900 crore to carry out its expansion plan.

According to Joy Alukkas, Chairman and Managing Director of the Group, the proposed outlets will be operational in tier-II cities of Odisha, Jharkhand, Maharashtra, Andhra Pradesh, Karnataka and Gujarat.

The company’s 91st outlet is expected to be operational in the city soon .