KALYAN JEWELLERS INDIA LIMITED Kalyan Jewellers plans to set up a jewellery design and manufacturing unit in Dubai which would supply company's own stocking requirements as well as be offered to the wholesale trade in the UAE. The new capacity will also be utilised by Kalyan's expanding retail network in the Gulf and, beyond that, key Far East markets such as Malaysia and Singapore. Investments on the plant would be the in region of AED 250 million and comes on top of a AED 250 million outlay on a six-store network which came into being in the UAE in January 2014.
In addition, there is to be a further AED 250 million to add a further seven stores, two more being in the UAE and the rest in the GCC.
