Goldiam International recently informed exchanges that it has received purchase orders for diamond studded gold jewellery worth Rs.70 crores from major retailers in the United States, with 80% of the orders being for lab-grown diamond jewellery.
In the exchange filing, the company also shared, “With this orders, we are thrilled to announce that Goldiam’s cumulative orders book has surpassed Rs.200 crores, marking a significant milestone in the Company’s history. What makes this achievement even more noteworthy is that the majority of these orders are for Lab-grown diamonds, reflecting the growing demand for sustainable and innovative jewellery solutions.”
Here are the key details of the contract:
- Awarding Entity: International client
- Terms and Conditions of Order: Export orders for manufacturing and export of diamond studded gold jewellery of which includes 80% of orders of lab-grown diamonds jewellery worth of Rs.70 crores.
- Domestic or International: International entity-USA