It has been reported that Reliance Retail, part of Reliance Industries, the crown jewel of corporate India, will be launching Reliance Jewelry, with branding options + sourcing agreement with Rosy Blue, one of the largest jewelry manufacturers, for operations. It's part of the company's lifestyle retail concept, which includes books and music, cosmetics, lifestyle accessories and home solutions. According to consultants Technopak Advisors the Indian jewelry market + the branded jewelry is estimated to grow by 15 per cent + 30 percent annually.
Useful links:
www.ril.com
www.rosyblue.com
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