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Started production of Watch Dials


The KDDL journey started over three decades ago as Kamla Dials & Devices Limited, when the first watch dials manufacturing unit became operational in the year 1983.

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Began production of Watch Hands


We began manufacturing watch hands in 1996. We set up a manufacturing unit for high-quality watch hands in Bengaluru. This was a milestone for us as we became the only manufacturer of quality watch hands in India.

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Ethos starts Retailing of Luxury Watches


Ethos : In 2003 we ventured into retailing of luxury watches through our subsidiary called Ethos Ltd. The stores, called “Ethos”, grew in number through the next decade; and in 2017 we have 40 stores at the best retail destinations across the country.

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EIGEN Precision Stamping Division Established


Eigen : In the next decade, in 2006, we set up our precision stamping division called EIGEN ENGINEERING in Bengaluru to manufacture high precision stamping parts, press tools and moulds catering to the demand for products in the various market segmants such as Electrical & Electronics, Auto Ancillaries, Aerospace, Consumer Durables, Industrial applications, Instrumentation etc.

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E-tailing commenced through Online portal


In 2012, embracing the digital age, we ventured into the e-commerce platform through ethoswatches.com for marketing the watches through an online portal.


To become a trusted global leader in manufacturing watch components and precision engineered tools by adhering to the best quality, delivery and operations practices for ensuring customer satisfaction.


We shall grow aggressively, driven by our commitment to customer satisfaction and ensure long term competitive advantage to them. We will follow the best personnel practices through combined dedication, innovation and integrity thereby continuously improving our shareholder value.


Ethos Limited was initially incorporated as a Public Limited Company as Kamla Retail Limited in 2007. Ethos Limited is a largest retailer of Premium Luxury Swiss Watches in India and has a largest retail chain of 40 stores all over the country, and steadily growing.

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Mahen Distribution Limited (‘MDL’) was incorporated as a Public Limited Company, being a wholly owned subsidiary of KDDL Limited - a Listed Company. MDL is situated at Chandigarh. The main business of MDL is distribution of watches and other luxury lifestyle products.

Satva Jewellery & Design Limited (SJDL) was incorporated as a Joint Venture Company with 50:50 ownership between KDDL and Pascal Vaucher Holding SA of Switzerland in the field of Jewellery Setting and Sertissage and is now a wholly owned subsidiary of KDDL Limited.

Kamla International Holding (KIHL) was incorporated as a Company under the Swiss Laws and is a wholly owned subsidiary of KDDL Limited. KIHL is situated in the Canton of Neuchatel. This is a special purpose vehicle (SPV) for making overseas investments.