Indian Billionaire Kumar Birla To Spend $605 Million Expanding Into Jewelry

Indian Billionaire Kumar Birla To Spend $605 Million Expanding Into Jewelry

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Kumar Mangalam Birla plans to invest 50 billion rupees ($605 million) to go into the jewelry business. A statement from the Aditya Birla Group on Tuesday said a new venture, Novel Jewels, will open stores across India and feature in-house brands. It did not say when the first store will open.…

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