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Faster growth in diamond market - DTC

30
Nov '05
Diamond Trading Company (DTC) informed that Indian diamond market sees faster growth.

With diamond market registering a growth of 20 per cent this fiscal, India's diamond sector has established itself as one the fastest growing segments in world jewellery market, the company stated.

DTC also informed that the Indian market, which has shown a collective growth of 50 per cent during the past two years, has once again shown 20 per cent growth this fiscal.

It asserted that the company's brands such as Arisia, Nakshatra, Asmi and Sangini, which has been targeting separate states according to consumer needs, has contributed to the growth.

As part of its aggressive marketing strategy, the DTC has signed a contract with the Brightest Circle Jewellery Private Ltd to hand over Nakshtra brand to later in 2008 and 'Asmi' in 2006.

With an Rs 6600 crore-diamond market, India has been leading in cutting and polishing industry.

DTC would look at bringing new brands after consistent research on customer need.

Diamond Trading Company (DTC) informed that Indian diamond market sees faster growth.

With diamond market registering a growth of 20 per cent this fiscal, India's diamond sector has established itself as one the fastest growing segments in world jewellery market, the company stated.

DTC also informed that the Indian market, which has shown a collective growth of 50 per cent during the past two years, has once again shown 20 per cent growth this fiscal.


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