Mini Diamonds (India) Limited (MDIL) has announced the receipt of a major export order worth USD 1.5 million (approximately Rs 13.35 crore) from Diasqua International Limited, a Hong Kong-based client, for the supply of lab-grown cut and polished diamonds.
According to the company’s filing with the BSE, the order was received on October 14, 2025, and is expected to be executed within three months, with payment due within 150 days from completion. The deal is part of MDIL’s efforts to expand its export revenue base and strengthen its presence in international markets.
Commenting on the development, Upendra Narottamdas Shah, Chairman and Managing Director of MDIL, said the order underscores the growing global demand for lab-grown diamonds and reaffirms confidence in the company’s quality and reliability. He added that the firm remains focused on scaling export-led growth while upgrading production capabilities and adhering to world-class certification standards.
Established in 1987, Mini Diamonds India has evolved into a leading player in diamond manufacturing and jewellery production, operating a state-of-the-art facility in Mumbai equipped with modern diamond-cutting and polishing technology. The company serves both domestic and global markets, catering to B2B and B2C clients across segments.
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