{"id":25110,"date":"2021-08-23T09:13:07","date_gmt":"2021-08-23T09:13:07","guid":{"rendered":"http:\/\/localhost\/wordpress\/?page_id=25110"},"modified":"2023-06-09T11:57:15","modified_gmt":"2023-06-09T06:27:15","slug":"expansion-strategy","status":"publish","type":"page","link":"https:\/\/www.thangamayil.com\/corporate\/expansion-strategy\/","title":{"rendered":"Expansion Strategy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"25110\" class=\"elementor elementor-25110\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a14a22 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"8a14a22\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-34abb81\" data-id=\"34abb81\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a0d04f0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a0d04f0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3e9d2d1\" data-id=\"3e9d2d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1daa79d elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"1daa79d\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;bounceIn&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Expansion Strategy<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-oqmvf61 elementor-section-full_width elementor-section-content-middle pa-display-conditions-yes elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"oqmvf61\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;,&quot;pa_display_conditions_switcher&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-custom\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cce1d95\" data-id=\"cce1d95\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc4e96d elementor-widget elementor-widget-heading\" data-id=\"dc4e96d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">\n\n<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0677353 elementor-widget elementor-widget-heading\" data-id=\"0677353\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Expansion Strategy\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c69c11 elementor-widget elementor-widget-text-editor\" data-id=\"2c69c11\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>TMJL intends to capitalize on its strategic location to develop into a market leading jewellery operator in India. In order to grow its business volume and strengthen its market position in India, the company has in place, the following strategies:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-7fa7900\" data-id=\"7fa7900\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-53ecbb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"53ecbb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1f52449\" data-id=\"1f52449\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-448936b elementor-view-default elementor-mobile-position-top elementor-vertical-align-top elementor-widget elementor-widget-icon-box\" data-id=\"448936b\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.thangamayil.com\/corporate\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-box.min.css\">\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-keyboard\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tIncreasing retail presence in India\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tEach Thangamayil store should strengthen the brand and offer local customers the best possible shopping experience. The company\u2019s policy on expansion strategy would basically speak upon providing impeccable quality, plenty of choices in vogue and excellent customer service to inculcate the focal point of inviting repetitive customers to our retail showrooms. Our back office team promptly responds to reviews from customers on social media with apt, empathizing, clear, complete responses coupled with remedial actions, if genuinely required. Moreover, effective marketing of our brand through various local as well as premier channels including satellite television, extends the reach of our brand throughout Tamil Nadu and where retail showrooms are yet to be established in the years to come.\n\nFurthermore, the company has also devised various sales concepts that revolve around customers and aim at providing them complete satisfaction in choosing ornaments. This enables them to have a relaxed atmosphere and induces the customer to enjoy the overall shopping experience.\n\nFrom the year 2010 - 2011 onwards we have expanded our horizon in the Southern region of Tamil Nadu. Since then, we have been meticulously planning our retail expansion program to establish retail showrooms in both Tier 2 and Tier 3 towns, catering to the needs of customers in this region. Accordingly, we have expanded to 31 branches in a period of 2 years from the time of obtaining our status as a public limited company. Our policy on expansion reiterates the important aspect of covering small towns to major cities. TMJL also has in store an ambitious plan of expanding further in the near future, establishing its showrooms in the Indian metropolitans.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0205d33\" data-id=\"0205d33\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d5426f elementor-view-default elementor-mobile-position-top elementor-vertical-align-top elementor-widget elementor-widget-icon-box\" data-id=\"6d5426f\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-newspaper\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tBackward expansion\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tIn order to facilitate growth on such a scale, backward expansion becomes essential. Such an expansion would ensure both the quality of the products produced and aid the company to reduce the level of inventory it holds, as products can be produced as and when required. It also helps the company to cope up with sudden increases in demand, which is induced by rising or falling of prices. Keeping in mind the fact that setting up of a production unit requires huge investments, the company is looking forward to strike trade partnerships with its manufacturers to satisfy the current needs. This method enables us to create a win-win situation for both the company as well as the manufacturer.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0e6d113 elementor-view-default elementor-mobile-position-top elementor-vertical-align-top elementor-widget elementor-widget-icon-box\" data-id=\"0e6d113\" data-element_type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span class=\"elementor-icon elementor-animation-\" >\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-newspaper\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tFuture prospects\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tGoing forward, the current financial year 2018-19 looks promising for the following reasons. The monsoon predicton is normal for the southern districts of Tamilnadu. Gold price tends to behave within a range thereby facilitating a normal off take of jewellery. The Company got to improve its Diamond sales that would have an edge over the bottom line. It has started giving away 'Diamond Awards' to the showrooms that perform remarkably well on a quarterly basis in a bid to promote sale of elite class of products.\n\nGoing forward, the uniqueness of the model ensures a comfortable level of net margin availability to the company. The improved visibility of the brand and facelift of our stores in existing towns is, as usual, achieved by renovation and relaunch of stores.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f2fd5ec elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f2fd5ec\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d710a33\" data-id=\"d710a33\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8299b19 elementor-widget elementor-widget-heading\" data-id=\"8299b19\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Expansion Strategy<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e6d693d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e6d693d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3fee2ab\" data-id=\"3fee2ab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-89e744f elementor-widget elementor-widget-text-editor\" data-id=\"89e744f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>TMJL intends to capitalize on its strategic location to develop into a market leading jewellery operator in India. In order to grow its business volume and strengthen its market position in India, the company has in place, the following strategies:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-69aad26 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69aad26\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-383068c\" data-id=\"383068c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-700095f elementor-widget elementor-widget-heading\" data-id=\"700095f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Increasing retail presence in India\u200b<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-989e097 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"989e097\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8de908\" data-id=\"e8de908\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6fd9499 elementor-widget elementor-widget-text-editor\" data-id=\"6fd9499\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Each Thangamayil store should strengthen the brand and offer local customers the best possible shopping experience. The company\u2019s policy on expansion strategy would basically speak upon providing impeccable quality, plenty of choices in vogue and excellent customer service to inculcate the focal point of inviting repetitive customers to our retail showrooms. Our back office team promptly responds to reviews from customers on social media with apt, empathizing, clear, complete responses coupled with remedial actions, if genuinely required. Moreover, effective marketing of our brand through various local as well as premier channels including satellite television, extends the reach of our brand throughout Tamil Nadu and where retail showrooms are yet to be established in the years to come.<\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">Furthermore, the company has also devised various sales concepts that revolve around customers and aim at providing them complete satisfaction in choosing ornaments. This enables them to have a relaxed atmosphere and induces the customer to enjoy the overall shopping experience.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">From the year 2010 &#8211; 2011 onwards we have expanded our horizon in the Southern region of Tamil Nadu. Since then, we have been meticulously planning our retail expansion program to establish retail showrooms in both Tier 2 and Tier 3 towns, catering to the needs of customers in this region. Accordingly, we have expanded to 31 branches in a period of 2 years from the time of obtaining our status as a public limited company. Our policy on expansion reiterates the important aspect of covering small towns to major cities. TMJL also has in store an ambitious plan of expanding further in the near future, establishing its showrooms in the Indian metropolitans.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-22b144a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"22b144a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-58640f4\" data-id=\"58640f4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-387032f elementor-widget elementor-widget-heading\" data-id=\"387032f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Backward expansion\u200b<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a404c60 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a404c60\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-73c39bf\" data-id=\"73c39bf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-00e2014 elementor-widget elementor-widget-text-editor\" data-id=\"00e2014\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In order to facilitate growth on such a scale, backward expansion becomes essential. Such an expansion would ensure both the quality of the products produced and aid the company to reduce the level of inventory it holds, as products can be produced as and when required. It also helps the company to cope up with sudden increases in demand, which is induced by rising or falling of prices. Keeping in mind the fact that setting up of a production unit requires huge investments, the company is looking forward to strike trade partnerships with its manufacturers to satisfy the current needs. This method enables us to create a win-win situation for both the company as well as the manufacturer.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6c91a71 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6c91a71\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-988ad4c\" data-id=\"988ad4c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d3d447 elementor-widget elementor-widget-heading\" data-id=\"7d3d447\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Future prospects\u200b<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ef2c632 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ef2c632\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0348bd6\" data-id=\"0348bd6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-78a9068 elementor-widget elementor-widget-text-editor\" data-id=\"78a9068\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Going forward, the current financial year 2018-19 looks promising for the following reasons. The monsoon predicton is normal for the southern districts of Tamilnadu. Gold price tends to behave within a range thereby facilitating a normal off take of jewellery. The Company got to improve its Diamond sales that would have an edge over the bottom line. It has started giving away &#8216;Diamond Awards&#8217; to the showrooms that perform remarkably well on a quarterly basis in a bid to promote sale of elite class of products.<\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">Going forward, the uniqueness of the model ensures a comfortable level of net margin availability to the company. The improved visibility of the brand and facelift of our stores in existing towns is, as usual, achieved by renovation and relaunch of stores.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Expansion Strategy Expansion Strategy TMJL intends to capitalize on its strategic location to develop into a market leading jewellery operator in India. In order to grow its business volume and strengthen its market position in India, the company has in place, the following strategies: Increasing retail presence in India Each Thangamayil store should strengthen the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"_links":{"self":[{"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/pages\/25110"}],"collection":[{"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/comments?post=25110"}],"version-history":[{"count":85,"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/pages\/25110\/revisions"}],"predecessor-version":[{"id":36339,"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/pages\/25110\/revisions\/36339"}],"wp:attachment":[{"href":"https:\/\/www.thangamayil.com\/corporate\/wp-json\/wp\/v2\/media?parent=25110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}