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Jewelers in India Jump Online for $22 Billion E-Commerce Pie

2015-03-17 01:46:04| Steel - Topix.net

Gitanjali Gems Ltd., India's biggest diamond and gold jewelry retailer, expects online sales to account for much as 20 percent of its sales in two to three years from about 1 percent now. The growth potential convinced Ratan Tata, former chairman of the Tata Group, to invest in Bangalore-based online jewelry store BlueStone last year.

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