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Lalitha sets expansion and export targetsThe news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council. Monday, 7th February 2005 (8704 views) India's Lalitha Jewellery has revealed a new target for exports and unveiled new store plans.<br/><br/>The 50-year-old company hopes to open two additional outlets in Tamil Nadu during 2005 and wants to achieve exports worth Rs 100 crore this year.<br/><br/>Managing Director, Kiran Kumar, told deepika global: 'We are able to sustain as a leading jewellery mart and have carved a niche for ourselves in the business as we never compromised on quality and pay utmost importance to customer satisfaction'<br/><br/>Last year the company's exports reached Rs 40 crore, with gold and diamond jewellery going to countries such as Canada, Italy, Germany and the US.<br/><br/>The company is continuing to perform well, with its new Tiara diamond showroom receiving an award for being the best of its kind just a year after opening.<br/><br/>According to Mr Kumar, people in the area are increasing investing in gold jewellery and purchasing diamond jewellery.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7745625"/>
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