KT Rama Rao, Municipal Administration and Urban Development Minister, Telangana, inaugurated Lalithaa Jewellery showroom at Somajiguda, Hyderabad on Sunday.
Lalithaa Jewellery Chairman M Kiran Kumar also said that in the next two months, they will also be opening a second outlet at Kukatpally. Lalithaa Jewellery has14 showrooms in the country with an annual turnover of Rs 11,000 crore. The Chairman said that this year they have reached Rs. 15000 crore turnover and by 2020 they aim to reach Rs.50000 crore turnover.
He embraced the Government's move of GST and urged customers to ask for a bill for every transaction they make. N Narasimha Reddy, Home Minister, welcomed the launch of the store and said that the Government is always in support of such new establishments.