Kerala-based Kalyan Jewellers is eyeing a turnover of Rs 13,000 crore this fiscal (FY-2017) banking primarily on its Rs 900-crore retail expansion plans through 20 stores in India and abroad. The company, which has PE investor Warburg Pincus as a minority shareholder, will fund expansion plans mostly through own resources. It has 76 stores in India and 21 in Qatar, Kuwait and the UAE. The company has already invested Rs 300 crore towards six of the 15 showrooms it planned to set up in India soon. Now the signage companies dealing in in-store branding, designs, displays, etc.
