QUOTE OF THE DAY - 17 Oct 2025
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QUOTE OF THE DAY - 17 Oct 2025
"We did not solely rely on the USA, we have explored business potential in other countries and we achieved success. We will continue exploring new markets. The US customers have not totally stopped purchasing diamonds and jewellery, but they have reduced due to the ongoing tariff. The diamond (CPD and LGD) consumption in the domestic market in India has grown from five per cent to over 15 per cent (majority is of LGD). During the critical recession in the natural diamond industry, diamond polishers transitioned to the LGD industry, as the work in both industries is the same. The LGD has played a vital role in the survival of both industries."
Jagdish Khunt, President, Surat Diamond Association
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QUOTE OF THE DAY - 17 Oct 2025
"Our showroom at Vaishali Enclave, Pitampura, marks a significant milestone in our journey of growth and commitment to excellence. It reaffirms our promise to offer customers the finest jewellery and an exceptional shopping experience, while staying true to our core values of trust, transparency, and ethical business practices."
M P Ahammad, Chairman, Malabar Group
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