Uday Jewellery Adds Job-Work Model, Focuses on Lightweight Gold

Uday Jewellery Industries Ltd. is implementing a job-work model where large customers supply gold for manufacturing, aiming to reduce inventory needs and improve working capital. The company is also introducing lightweight plain gold jewellery as a new product category to address growing demand and expand its portfolio. Additionally, Uday Jewellery is exploring supply tie-ups with large corporate clients, though these discussions are in the preliminary stages with no definitive agreements yet. These strategic moves are designed to enhance manufacturing efficiency and broaden the company's market reach.