Leading jewelry retail chain Tanishq launches a new and bigger format jewellery store in Hyderabad and outlined plans to expand its retail network by another 20 stores this year. The retail chain, part of Titan Company Ltd, currently operates 163 stores across the country with southern cities of Chennai, Hyderabad and Bangalore accounting for big volumes. South India is a big market for gold jewellery and Tamil Nadu alone accounts for about 40 per cent of the total gold jewellery. Such boost of the jewelry major in the south Indian market would bring in a fresh business for the signage companies dealing in in-shop displays, designs and other related activities.
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