The Davanam Group concerns celebrating its 100 years jewellery business and expanding its business around the state, with opening of two new retail outlets in Bangalore.During the year 2002 the firm has setup 100% E.O.U, and In 2003 It has set up UNIT at Noida Special Economic zone to meet and execute export orders.
The Company employs more than 100 skilled and semiskilled labours in their Noida Special Economic zone unit, and employed more than 150 in their retail sector. Company started expanding its retail activity during 2006 and its first new showroom with floor space of 6000sqft opened on 24th March 2006 at Malleswaram and the second mega showroom with floor space of 10000sqft was at Commercial street junction in April 2006.
The firm has participated in several exhibitions in U.S.A,, organized by the Non-resident Indians, and Displayed Diamond studded jewellery ,created and Manufactured by the firm, and it is well received in markets ,and demand for their diamond jewellery From USA Market is steadily increasing. |