Aggressive retail expansion in jewellery may force weak players to shut down, says Titan CFO
The competition in the Indian jewellery retail sector is intensifying as more players continue to enter the space amid soaring gold prices, sustained demand and aggressive expansions across companies. However, the aggressive retail capacity added in the past one year may not prove fruitful for these companies, said Ashok Sonthalia, chief financial officer, Titan in … Read more
