VBJ eyes Rs 5,000 cr in 18 months, gears up for Hyderabad foray

Vummidi Bangaru Jewellers (VBJ), the 125-year-old Chennai-based heritage jeweller, targets Rs 5,000 crore revenue in 18 months as it expands across Tamil Nadu, enters Hyderabad and opens a new showroom in California, while laying the groundwork for a future IPO and strengthening its gold, diamond and temple jewellery portfolio.