Mumbai-headquartered Tara Ultimo, a company manufacturing and retailing jewellery, plans to come up with 50 outlets across India in the next two years.

Recently, the company has launched its first store in Goa in tie-up with states’ major industrial group Alcon.

After successful launch of store in Goa, the company intends to launch similar stores in Mumbai and Chandigarh followed by Pune, Raipur, Mumbai (2nd store), Delhi and South Indian cities.

The 1,243-crore company after spreading its footprints in places like New York, Germany, Australia, Japan, China, UK and Los Angeles, has decided to strengthen its position in India's retail market.