Business was initiated with Mikimoto Co. of Japan for Cultured Pearl Trade by Mr. Sitaram T. Lagu, a qualified mining engineer. Business was being conducted from Pune.
‘Lagu Bandhu’ was founded and the Mumbai operations started from Dadar.
The Company showed steady growth & evolved from a proprietary business to a partnership concern.
Lagu Bandhu was registered as Pvt. Ltd. company.
The showroom at Dadar was expanded twice from 200 sq.ft. Area to 800 sq.ft. Dadar.
Lagu Bandhu forayed into the trade of Diamonds.
Efforts were made to expand horizons to the export market by taking part in exhibitions in USA & Dubai.
The showroom on Karve Road, Pune was inaugurated.
Branch office in USA was set up in Oklahoma City.
New showroom was started with a franchisee arrangement in Nashik.
With increasing business in Pune the showroom was expanded from 300 sq.ft to a whopping 1800 sq.ft.
This year saw another showroom being opened at Thane in Eternity Mall.
New Showroom was started with a franchisee arrangement in Goa, Panaji.
Lagu Bandhu diversified into the business of Plain gold jewellery.
New Showroom was started at Dombivali offering Plain gold jewellery along with Diamond and precious stone jewellery.
A new showroom was started at Dadar, as a result Dadar has now three specialty showrooms for:
- Diamond Jewellery.
- Pearl, Coral & Precious Stones Jewellery
- Plain Gold Jewellery.
The showroom at Eternity Mall, Thane was shifted and renovated into a swanky two storied showroom near the Railway Station.·
The showroom at Goa was shifted and renovated into a much bigger and a prominent location in the heart of Panaji.
New Showroom was started at Borivali offering Diamond jewellery and precious stone jewellery.
New Showroom was started at Baner Road, Aundh, Pune offering Diamond and Precious Stone jewellery.
E-Commerce Website with Online Store started.
Started Selling on Amazon
Closed Goa Showroom. Merged Dadar Gold with Dadar Gemstone Showroom
Shifted Dombivali Showroom to new location