GST was a very good thing to happen to the industry, which was now more transparent, Joseph Prince, director of Prince Gold and Diamonds India Pvt Ltd, which operates Prince Jewellery outlets, told reporters here.
He further said the industry would bounce back after the initial hiccups due to the new tax reform, particularly during the festival season.
About Prince Jewellery, he said there were plans to expand its network in Tamil Nadu, Karnataka and Kerala in the near future.
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