Our Company is in the business of and polishing of diamonds and manufacturing and retailing of diamond jewellery. We were initially in the business of export of coloured stones and have since then expanded into diamond trade in 1994 and manufacturing of diamond studded jewellery in 2003.
Our manufacturing activity was boosted in 2006 after we established our own diamond processing unit at SEZ in Surat for processing of rough diamonds. In 2007, we also set up a facility for processing of rough diamonds in Mumbai to cater to the local market and for manufacturing diamond jewellery. We scaled up our diamond jewellery operations by establishing a dedicated manufacturing facility in Mumbai.
Consistent supply of rough diamonds of desired quality, at a competitive price is one of the critical success factors of our business. We source rough diamonds from a variety of suppliers in Hong Kong, USA, Russia and the local Indian market. We have acquired 95% stake in M. B. Diamonds, a LLC registered in Russia in March 2008 to enable us to import high quality and competitively priced rough and semi-processed diamonds from Russia. We supply the polished diamonds primarily to wholesalers, jewellery manufacturers, traders and retailers based out India and other countries such as Hong Kong, South East Asia and USA.