Mini Diamonds (India) Ltd. Subsidiary Opens First Retail Designer Lab Grown Diamonds Store
Mini Diamonds (India) Ltd. has announced the opening of its first retail designer lab grown diamonds store by its wholly owned subsidiary, Namra Jewels Private Limited, at the prestigious Atria Mall in South Mumbai. This marks a significant milestone for the company, which has been in operation since 1981, as it enters the B2C segment. Lab grown diamonds, which are eco-friendly and affordable, are expected to be the future of the studded jewellery market, providing significant growth opportunities for the industry. The company plans to open hundreds of such stores and kiosks globally and has entered into a strategic partnership with Ark Diamonds USA to enter the USA market. The company also recently reported impressive quarterly financial results for the period ending 30th June 2024.
Key Highlights
- Mini Diamonds (India) Ltd. opens its first retail designer lab grown diamonds store through its subsidiary Namra Jewels Private Limited.
- The store is located at the prestigious Atria Mall in South Mumbai.
- This marks the company's entry into the B2C segment and opens vast new horizons of expansion and growth.
- Lab grown diamonds are expected to be the future of the studded jewellery market, providing significant growth opportunities.
- The company plans to open hundreds of such stores and kiosks globally and has entered into a strategic partnership with Ark Diamonds USA to enter the USA market.