Vinsmera Group, headquartered in Kannur, has announced an ambitious ₹2,000 crore investment over the next two years to launch a nationwide gold retail chain and establish advanced production and manufacturing facilities across India and the Gulf region.
According to Dinesh Kambrath, Co-Founder of Vinsmera Group, the expansion strategy includes opening 20 exclusive showrooms and setting up dedicated production units. The first phase will see new retail outlets in Kochi, Kozhikode, Thiruvananthapuram, Chennai, and Bengaluru.
A cutting-edge production facility is planned in Kannur, complemented by manufacturing units in Abu Dhabi, Dubai, and Sharjah. To enhance brand visibility and outreach, the group has signed renowned actor Mohanlal as its brand ambassador.
News by Rahul Yelligetti.