Goldiam International, a prominent player in the jewellery industry, has announced a substantial purchase order valued at Rs 100 crore. The order, awarded by international clients from the USA, is for the manufacturing and export of lab-grown diamond studded gold jewellery.
This development marks a significant milestone for the company, which is based in Mumbai, India. The company is expected to fulfil these orders by December 31, 2025, indicating a strong growth trajectory in the near term. Notably, this order does not include online sales, suggesting additional revenue streams for Goldiam.
Details of the order and execution timeline
The terms of the order specify that Goldiam International will manufacture and export lab-grown diamond jewellery, an area of growing interest in the jewellery market. The contract, awarded by international clients, is strictly an export order and is expected to be completed by the end of 2025.
The order size is substantial at Rs 100 crore, reflecting the company’s capacity to handle large-scale projects. Importantly, the company has clarified that this contract does not involve any related party transactions or interests from the promoter group.
