Gili plans 25 stores this fiscal

    Gili plans 25 stores this fiscal


    Gili, the diamond jewellery brand of Gitanjali Group, is planning to open 25 stores in FY12. It currently has 22 EBOs in India.

    “We will open a mix of company-owned and franchised outlets in FY12. Per store, the investment ranges from Rs.1.5-2.5 crore,” said , CEO, .

    He further said, “Gili contributes around 8-9 per cent to the pie of .”

    Moving ahead with its expansion plans, Gili recently opened an EBO in Jodhpur. The franchised store at Aanchal Shopping Complex, Jodhpur is spread over an area of 550 sq.ft and houses the entire collection of Gili.

    – Shubhra Saini