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Gems- Jewellery And Watches
Expansion3 Aug 2026, 03:09 pm

Golkunda Diamonds Opens ₹12 Cr Mumbai Facility, Eyes Domestic Market

AI Summary

Golkunda Diamonds & Jewellery Ltd. has commenced domestic manufacturing operations at a new ₹12-crore facility in Andheri East, Mumbai. The 5,360 sq. ft. facility has an installed capacity of 125-150 kg per annum and is expected to increase the company's overall manufacturing capacity by 25-30%. It will produce diamond, gold, gemstone, jadau, and lab-grown diamond jewellery for leading Indian retail chains. This expansion marks Golkunda's entry into the Indian domestic market, leveraging its over 40 years of export experience. The company is also exploring strategic partnerships for potential B2C retail business entry.

Key Highlights

  • New ₹12 crore manufacturing facility operational in Mumbai.
  • Facility increases overall manufacturing capacity by 25-30%.
  • Entry into the Indian domestic market with diverse jewellery production.
  • Exploring strategic partnerships for B2C retail expansion.
  • Leverages over 40 years of international manufacturing experience.