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Flawless Diamond forays into overseas market

07
Mar '06
Flawless Diamond Ltd has been successful at sealing a Rs 20 crore ($4.5 million) order for export of diamond jewelry and polished diamonds as part of its strategy to expand overseas.

The order was bagged from US-based Brilliant Gems Inc and Diambel NV Antwerpen.

The company has evolved new strategies to develop overseas marketing network and enter into designer diamond and gold jewelry segment, Flawless Diamond informed the Bombay Stock Exchange.

It plans to benefit from government policies for gems and jewelry industry in future to make Indian market, a centre for manufacturing gems and jewelry, it added.


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