Deals27 Nov 2025, 08:34 am
Mini Diamonds India Secures USD 2 Million Export Order for Lab-Grown Diamonds
AI Summary
Mini Diamonds India Ltd has secured an export order worth USD 2 Million (Approx. INR 17,80,00,000) from a Singapore-based significant customer for lab-grown cut and polished diamonds. This order reflects the steady progress MDIL is making in building its export franchise in lab-grown diamonds and supports the Company’s strategy of increasing its export mix. The order is expected to contribute significantly to revenues from the lab-grown segment over the coming quarters and support improvement in overall profitability as volumes scale up.
Key Highlights
- Export order worth USD 2 Million from a Singapore-based customer
- Order reflects the progress in building export franchise in lab-grown diamonds
- Expected to contribute significantly to revenues from the lab-grown segment
- Supports improvement in overall profitability as volumes scale up
- In line with the broader increase in global demand for lab-grown diamonds