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Cheap Pandora Warrings.Danish jewelry maker Pandora said on Friday it would enter India, one of the world’s largest jewelry markets, and open 50 shops there in the next three years as it pursues an ambitious expansion plan.The Indian jewelry market is worth more than $40 billion a year and is expected to grow 7 percent per year through 2021, Pandora said. However, the market has traditionally been focused on gold and diamonds rather than silver, Pandora’s favorite material, which only makes up 5 percent of the market.Quality Pandora Bracelet Jewelry.A shift in consumer behaviour especially amongst younger Indians towards western brands could however spell success for Pandora’s move, analysts said.”Jewelry as a fashion statement is increasingly popular among consumers and with India already being one of the largest jewelry markets in the world, the country holds a great potential for Pandora,” Chief Executive Anders Colding Friis said in a stock exchange announcement.The company has appointed a local distributor, Pan India, but analysts expect it to take over the distribution in a few years once it has gained sufficient knowledge about the market, a model it has used successfully in other markets.Pandora’s share price rose more than 2 percent after the announcement. At 1207 GMT, it was trading 1 percent higher at 901.50 per share. It reached a peak of around 1.000 crowns in May.Cheap Pandora Charms Outlet Store.

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