KM Birla announces plans to foray into jewellery retail with initial capital of Rs 5,000 cr
The Aditya Birla Capital has emerged as the key growth engine for the group with over Rs 4 lakh crore in assets, said Kumar Mangalam Birla, chairman of the Aditya Birla Group during the launch of its supper app Aditya Birla Capital Digital (ABCD) on April 16.

He further said that the merger of the group's non-banking financial company into AB Capital will create more synergies.

Birla also announced that the group will soon launch a new jewellery retail venture with an initial investment of Rs 5,000 crore.

This will be in addition to the paints vertical Birla Opus paints the group has already launched

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