Positioning as the biggest jewellery showroom of the State, Jos Alukkas will be opening its first store here at Punjagutta on June 4. The inauguration will have the presence of film actor Mahesh Babu and a host of other prominent personalities.

Jos Alukkas, which has presence in Kerala, Karnataka and Tamil Nadu, after its first store in the State here plans to open showrooms at Vijayawada, Visakhapatnam and Rajahmundry in next two years. The new showroom here promises to offer an experience of international shopping and showcases Bureau of Indian Standards (BIS) 916 Hallmarked gold ornaments, a variety of designs in original Belgium cut diamond ornaments with international certification. Also available will be rubies, emerald, wedding ornaments and special collections.

The price tags here come in the range of Rs.2,000 to Rs.2 crore. Jos Alukkas is introducing ‘Swarna Nidhi', an easy gold saving scheme and on offer will also be special benefit premium card that assures customers discounts and offers.

Speaking to presspersons here on Saturday, managing directors of Jos Alukkas, Varghese Alukka, Paul J. Alukka and John Alukka said the group targets a business of Rs.1,400 crore in the next financial year.