According to industry reports, Gitanjali Lifestyle , a subsidiary of Gitanjali Gems would market silverware for Italian luxury silverware manufacturer, Greggio Argento. %%Greggio will set up two exclusive stores in Mumbai and Delhi within the next three months, with marketing assistance from Gitanjali Lifestyle.%%
A turnover of $1.72 million (Rs.7 crore) for the first year of operation, has been projected by the Gitanjali Lifestyle CEO Gaurav Marya.%%
The company would sell some 500 items such as tableware and cutlery among others.%%
Greggio Argento produces some 16,000 products and its annual silver consumption is 200 tonnes, said the firm’s exports manager, Angelica Koini.
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