
Leading global diamond brand De Beers has announced plans to expandits retail presence with the opening of 15 Forevermark brand stores in India in the current year.
De Beers India Managing Director Amit Pratihariis reported to have said that the plan is to establish 100 retail stores by 2030 with a revenue target of $1 million.
The company will be opening eight stores in Delhi and the rest in Mumbai this year. Reportedly, the retail space for the new the stores has been identified and the first new store is expectedto open in June-July.