Davanam Jewellers Private Limited, is in the business of retailing and exporting of Gold and Diamond jewellery. Offering high quality jewellery products designed to make the customers cherish it for life, Davanam brings exclusiveness to the customer, to fulfil their need for jewellery. It is one of the fastest growing companies in the jewellery sector. It aspires to make this business expansion for an optimal outlet development with a view to maximise return in business.
Davanam History: The journey of Davanam began in 1905 under the visionary leadership of D.S. Venkatanarayana Setty hailing from a family of freedom fighters in Kanakapura Dist near Bangalore. On October 2nd 1987 Davanam’s made a humble beginning in Bangalore at Avenue Road the hub of jewellery business then. Today it is strategically located in the heart of the Central Business District of Bangalore at Commercial Street, Malleswaram and Mantri Square.
D.V.Harish, Managing Director of Davanam Construction Private Limited, Director of Davanam Jewellers Private Limited, Director of Green Earth Renewable Energy Private Limited (Manufacturers of Bio Diesel) is Instrumental in structuring the entire business of Davanam group.
D.V.Ravindra, Director of Davanam Jewellers Pvt. Ltd., a graduate in commerce and an expert in the art of designing & marketing traditional Jewellery.
D.V.Aravind, Director, is a dynamic individual high on morale, good spirit and reputation, all of whom share the responsibility for the running and the expansion of Davanam. He is actively engaged in implementing the innovative business policies & business expansion.
D.V.Ramesh, C.E.O, has rich administrative and operational experience in the field of jewellery, He is responsible for transforming the business strategy and promoting the new ventures in corporate sales & marketing.
Expansion: As the firm became popular for its exquisite designs and intricate workmanship, the customer base expanded rapidly not only in the country, but also across the globe. To meet and cater to the demands of its large customer base, in 1998 the firm moved to the present spacious business premises by adding three floors, to its showroom, which is traditionally decorated and elegantly laid out and also by venturing into exports of gold and Diamond jewellery in 1991 to USA, UAE, Kuwait, Singapore and too many other countries.
The firm has participated in various prestigious exhibitions, the product are well acknowledged, and displayed, diamond studded jewellery, created and manufactured by the firm, which are well received by the consumers and demand for their diamond jewellery in U.S. is steadily on rise. During the year 2000 the firm has setup a 100% E.O.U (Export oriented Unit), to meet and execute export orders.
Key to success: The key to Davanam’s success is effective market segmentation and implementation strategies, uncompromising commitment to quality of the jewellery product, successful marketing to the multiple target customers and getting into high scale manufacturing of jewellery.
Products and Services:
Davanam aspires to offer high quality jewellery products designed to make the customers cherish it for life. Its products are superior to the competitors and at the same time offered at competitive price, will be the key to the offering. DJ brings exclusives to the customers, to fulfill their need for jewellery.
Key range products:
Traditional Jewellery
Diamond Jewellery
Studded Jewellery
Heritage Jewellery
Kundan Jewellery
Antique Jewellry
Plain and Studded gold Jewellery
Jewellery studded with precious stones
Temple Jewellery and ornaments.
Platinum Jewellery & many more.
Saving schemes: Davanam has created ‘Davanam Sparkling Savings Scheme’ which is a savings scheme that lets the customer invest `1,000/- or multiples of `1,000/- each. month, and by the end of 20 months, he would have accumulated `22,000/- or 22 times of the investment, with which he can purchase jewellery. Davanam has a ‘Chinna Saving Scheme’ where the customer can enroll for 12 months, for example, and get one installment free, which will be paid by Davanam.
The ‘Golden Saving Scheme’ protects the customer from inflation of gold and silver prices, by giving the option of long term investments. Each month the customer will be credited with the gold or silver amount in grams equivalent to his investment, as per the prevailing rate per gram.
The customer can opt for a time period of his convenience from 12, 15, 24, 36, 48 or 60 months. Davanam also has a ‘0 per cent Extra scheme’ which guarantees a 100 per cent return in jewellery with 0 per cent wastage and 0 per cent making charges.
Under this scheme the customer must invest a fixed sum on a monthly basis after choosing a fixed time period. At the end of this period, he can redeem the total amount in form jewellery with no extra charges.
