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ORRA Diamonds plans mega retail expansion plan

Diamond retail chain ORRA Diamonds has drawn up a Rs 75-crore plan for retail expansion over the next three years. The company has taken up a major retail expansion drive to set up another 16 new stores over the said period. Currently the diamond chain already has 29 stores in 19 cities across India and is adding four new stores at Baroda, Lucknow, Jallandhar and Amritsar this year. Expansion of such high-end diamond stores in the leading cities would bring a new respite even to the signage segment where in-store media companies could harvest new business.

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