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Lalitha sets expansion and export targets

Monday, 7th February 2005 (7142 views)

India's Lalitha Jewellery has revealed a new target for exports and unveiled new store plans.

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.

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'

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.

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.

According to Mr Kumar, people in the area are increasing investing in gold jewellery and purchasing diamond jewellery.

 

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