Musaddilal Jewellers, who for six generations, have been involved in the business of gold and diamonds jewellery as well as other precious and semi precious stones jewellery, launched first jewellery mall in Hyderabad on 1st November, 2007. The jewellery mall, occupying an area of over 30,000 sq.ft. is spread on four floors. The mall has been set up by the jeweller at an investment of Rs. 250 crore.
Before going national, Musaddilal Jewellers are looking at setting up a chain of seven such premier jewellery shops in Andhra Pradesh. These shops to be set up in the next month would entail a capital outlay of Rs. 1,500 crore. The group thereafter plans to set up shops in different parts of the country.
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