Chemmanur Fashion

Chemmanur to invest Rs 600 crore in next two fiscals

Kerala-based Chemmanur Fashion Jewellers have deiced to pump Rs 600 crore in the upcoming two years with the aim to spread out its operations across the country as well as overseas.

As per official sources, through the proposed investment the company will introduce 50 new jewellery showrooms in India and abroad.

Sources added that the funding of the project will be done through internal accruals and bank loans.

The conglomerate has also identified proposals to introduce six showrooms in Mumbai.