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News Details

16/06/2026 10:02

Mini Diamonds secures Rs 16.25 cr domestic order for Natural Diamonds

Mini Diamonds (India) Ltd. (MDIL) has secured a domestic order worth Rs 16.25 crore from a Mumbai-based client for the supply of cut and polished natural diamonds, the company announced on June 16, 2026.

The order underscores MDIL's ability to cater to diverse customer requirements across the diamond value chain, supported by its long-standing industry presence, manufacturing expertise, and focus on delivering consistent quality. The company said its understanding of customer preferences, product specifications, and execution capabilities continues to strengthen its position in the domestic market.

MDIL noted that while the diamond industry has seen shifting consumer preferences amid the growing popularity of lab-grown diamonds, the natural diamond segment continues to offer opportunities for established players that can deliver reliability, craftsmanship, and quality-driven execution. The company remains focused on leveraging its experience in natural diamonds while deepening relationships with customers across key market segments.

Commenting on the development, Chairman and Managing Director Upendra Narottamdas Shah said the order reflects customer confidence in MDIL's execution capabilities, product expertise, and commitment to quality. He added that despite a competitive market environment, the company believes experienced and disciplined players that can meet client-specific requirements will continue to benefit from meaningful growth opportunities.

MDIL said its strategic focus remains on strengthening customer relationships, improving sales visibility, and driving sustainable growth across its core business segments.