Gold Jewellery has been historically
important to India and Indian craftsmen have inherited a wealth
of skills and creativity.
Globalization has opened
enormous opportunities for India, due to availability of skilled
low cost workforce. Many businesses have shifted labour intensive
manufacturing facilities to India.
In the view of the Govt.
endeavoring to promote Indian jewellery global market share from
14.25% in 1997 to 25% in ten years, Promoters of company envisaged
setting up of Stamping jwellery production unit in India. This
unit being the 1st in Asia as every country in Asia has been focusing
on Casting Jewellery instead of Stamping Jewellery.
Excalibur India Pvt. Ltd.
formerly named as Juliet Jewellery India Pvt. Ltd. was incorporated
on 15th Sept. 1997 and the unit was built at 422-B, Udyog Vihar
Phase-IV, Gurgaon, Haryana. The complete plant and machinery was
bought from Excalibur PlC and relocated to India.
Company was promoted jointly
by two successful Sweden based non-resident India entepeneurs
Mr Devinder Singh Chauhan and Mr Narinder K. Malik with experience
of over 25 years in jewellery / textile business respectively.
Technical director, Mr Ajay S. Nargas has over 20 years of experience
in Business Management and setting up in manufacturing facilities
for chemicals, textiles, jewellery and other commodities.
Team's exposure to western world has added strength to deliver
and perform to stringent business standard laid down by western