Gitanjali Gems Ltd

Summary

Gitanjali Gems Ltd is one of largest integrated diamond and jewellery manufacturers and retailers in India. The company is engaged in sourcing of rough diamonds from primary and secondary source suppliers in the international market, cutting and polishing the rough diamonds for export, manufacturing and selling of diamonds and other branded and unbranded jewellery. They also manufacturers and sell diamond and other jewellery through the retail outlets in India. The company sells their branded jewellery under the name, Nakshatra, Asmi, Gili and DDamas. They are having two modern manufacturing facilities located at Borivali in Mumbai and at the Special Economic Zone in Surat. Further, the company has two modern jewellery manufacturing facilities at MIDC at Andheri, Mumbai and a facility at the Santacruz Electronic Export Processing Zone at Andheri, Mumbai.Gitanjali Gems was incorporated in the year 1986.The company was converted into a limited company September 2000. From being primarily involved in the cutting, polishing and processing of diamonds, Gitanjali emerged as one of the few organized and integrated players in the Indian gem and jewellery industry.In the year 1990, the company commenced production of diamond studded and other jewellery at their manufacturing facility at the SPZ at Andheri, Mumbai. In the year 1994, they commenced their retail sales though their associate company Gili India Ltd.During the year 2005-06, three groups of companies namely Gemplus... Read More