Zenith Export (ZEL) was incorporated in Jul.'81 to take over the partnership business of Zenith Enterprise, a family business promoted by B R Loyalka in 1969. Bilas Rai Loyalka is the chairman and Raj Kumar Loyalka is the managing director of the company. ZEL manufactures and exports industrial leather hand-gloves and handloom silk fabrics as well as silk made-ups. ZEL has arrangements with many silk weavers in and around Bhagalpur, Varanasi and Bangalore to manufacture silk fabric on a job-work basis._x000D_ _x000D_ The company went public in Apr.'95 (premium : Rs 180) to part-finance a 100% EOU to manufacture 100% natural silk fabric, and to diversify by setting up a spinning unit. Both units were commissioned in the second half of 1995._x000D_ _x000D_ The Silk Weaving unit at Nanjangud is taking severe steps to compete in the international market by developing new designs to yield better results._x000D_