Gitanjali Lifestyle, leading jewellery as well as lifestyle brand, has announced that it has entered into exclusive retail business.

The sources informed that the company envisages to inaugurate 60 stores across India within the coming five fiscals.

Sources added the company is eyeing at cities like Indore, Raipur and Guwahati for locating the proposed stores.

As per official sources, Gitanjali today opened the first stores of its retail chain 'Maya' in New Delhi.

Investment plans for the proposed endeavor have not been disclosed by the company.

As per reports of media, Gitanjali Lifestyle is planning to spread out its retail as well as marketing experts to complement its product categories.