Duke Fashions India Ltd. Receives IndiaMART Leader of Tomorrow Award 2010 - Apparel and Accessories Category

Mr. Kuntal Raj Jain, Director, Duke Fashions India Ltd. is an Inspiration for the Young Entrepreneurs in the Country

NEW DELHI, December 23, 2010 - With its belief in the principles of Total Quality Management, Duke
Fashions India Ltd. has revolutionized the Indian apparel industry. As a
recognition of his contribution towards the Micro, Small and Medium
Enterprises (MSMEs) sector, Mr. Kuntal Raj Jain, Director, Duke Fashions
India Ltd., won the IndiaMART Leader of Tomorrow Award 2010 in the apparel
and accessories category at a gala Awards Ceremony held in New Delhi
recently. The winner was felicitated by the Honorable Minister for Home
Affairs Mr. P. Chidambaram in front of business leaders and government
officials such as Mr. Shiv Nadar, Chairman and Chief Strategy Officer, HCL
Technologies and Mr. Uday Kumar Varma, Hon'ble Secretary, Ministry of Micro,
Small and Medium Enterprises (MSMEs), Government of India, among others. The
Awards Ceremony recognized and celebrated the accomplishments of the
entrepreneurs in the MSME sector.

Wishing Mr. Jain the best, Mr. Dinesh Agarwal, Founder and CEO,
IndiaMART.com, said, "It gives me immense pride to see the efforts of MSMEs
being rewarded. Mr. Jain has brought glory to the sector and is an
inspiration to the young blood in the country to pursue their entrepreneurial
dreams and convert them into reality."

Overwhelmed on receiving the award, Mr. Kuntal Raj Jain, said, "I feel
greatly motivated on receiving the recognition for my hard work and
commitment. I consider this Award as another milestone in my journey towards
success and excellence."

The Awards Ceremony also rewarded the entrepreneurial
excellence in 10 other categories and was attended by over 350 business
leaders across industries.

Mr. Kuntal Raj Jain, a 31 year old Director of Rs. 500 crore Duke Group,
is one of the foremost entrepreneurs and a new face of independent
and emerging India. With his commitment to take the company to steering
heights, he has modernized and systematized the management structures at Duke
Fashion India Ltd. As a result of the innovations in the trends and infusion
of young team by Mr. Jain, the company has become the No.1 T-shirt brand. Mr.
Jain is also the recipient of the National Award given by Ministry of Small
and Medium enterprise, Government of India for his outstanding
entrepreneurship.

About Duke Fashions India Ltd.

Four decade-old, Ludhiana based Duke Fashions India Ltd, is the
recipient of most coveted ITID National Award for manufacturing quality
garments; ISO 9001: 2000 certification for maintaining TQM in all the Units,
and Udyog Patra by Govt of India.

Duke Fashions India Ltd. has also been proclaimed the number one selling
T-Shirts brand in India by Org-Marg in their Survey. With the help of its
exhaustive advertising and promotional campaign, the company has entered the
markets of UAE, Sri Lanka, Nepal, Bangladesh, etc.

Duke Fashions India Ltd. has an unbeatable marketing network comprising
of over 2500 multibranded outlets and over 250 exclusive stores across major
cities in India. The company under its expansion plan is going to enter into
sports wear, kids sector and institutional and export sales in a big way.

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global
buyers with suppliers through business directories, online product catalogs,
buy-sell offers, industry specific marketplaces, printed media and trade
shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India
presence in over 100 cities. With over 2400 employees located across 55
offices in the country, IndiaMART.com offers an extensive range of value-
added products and services to its 1 million registered members and nearly 5
million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely
covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld,
Economic Times, Financial Express, etc for its pioneering role in promoting
SME business in the country. Its existing investors include Intel Capital and
Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.

For more information, please visit:
www.indiamart.com/press-section & www.leaders.economictimes.com

About ET NOW

ET NOW, leverages the power of 'Brand ET' which has a five decade old
heritage. ET NOW brings complete perspective to news with the most
influential business minds, the biggest global voices bringing the global
perspective. ET NOW is taking giant strides towards leadership, and with
specific focus on news and analysis the channel is poised to become
synonymous with Corporates and real time investors.

    Media Contacts

    Pawandeep Kaur
    Manager - PR
    T: +91-120-3911000
    F: +91-120-2424943
    E: pr@indiamart.com

Media Contacts: Pawandeep Kaur, Manager - PR, T: +91-120-3911000, F: +91-120-2424943, E: pr at indiamart.com