Jewellery retailer to invest $ 25 million in GIFT project.

A top Indian jewellery retailer will invest $ 25 million in Prime Minister Narendra Modi's ambitious Gujarat International Finance Tec-City project which aims to create the first global financial hub in India.

Pure Gold Jewellers, which claims to be the only World Diamond Mark ( WDM) certified company in the Gulf Cooperation Council (GCC) and India will invest in various projects of GIFT City. It has 125 stores across 12 countries.

Finance Minister Arun Jaitley in his budget speech last month announced that regulations for investors in Gujarat International Finance Tec-City project (GIFT) will be in place by March 2015.


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