Suashish Diamonds (SDL) is to start diamond training institute and also planning to set up a diamond-processing unit at Botswana.
It has already obtained license from the Botswana government. SDL is the US $200 million diamond processing and exports group, the largest supplier of diamonds in the world.
SDL has plans to open 30 retail outlets in the Middle East mainly in Dubai and Saudi Arabia in the next three months in collaboration with local partners.
Selling its jewelry under the brand name Ishi's, SDL is running about 100 outlets in India in a joint venture with local retailers.
SDL has announced a capex of $1 million in the coming years that comprise setting up a gold jewelry unit at its existing premises in Mumbai.
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