Considering the need for corporatizing diamond industry with twin objectives of gaining confidence of overseas markets and raising finance for accelerated growth on sustained basis, the Company was promoted in 1985 when entire diamond business across the country was run by family owned enterprises.
It was the first company in Diamond, Gem & Jewellery industry to come out with public issue in 1986. The trend was followed by many other units which helped industry to attract investment, bring about automation, operate on mass scale, create sizable employment opportunities, earn valuable foreign exchange and thereby retain its place of pride.
Our motto has been very simple – to scale new heights with regard to growth and quality of our products and services without compromising on ethical standards.
I always believed that growth of an organization and graph of its personnel will go hand-in-hand and will complement and reinforce each other. Towards this end, I always endeavoured to create a professional set up. With competent and experienced team in place managing the affairs under the guidance of eminent members of the Board, I relinquished managing directorship in 2011 and a year later, directorship to spare time for other pursuits and create opportunity for the new team.