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27/11/2025 10:43

Mini Diamonds India secures USD 2 mn export order for Lab-Grown Diamonds

Mini Diamonds (India) Limited (MDIL) has announced that it has secured a fresh export order worth USD 2 million (approximately Rs 17.8 crore) from a major Singapore-based customer for lab-grown cut and polished diamonds. The order, received on November 26, 2025, adds to a series of recent export wins from various international clients, underscoring the company’s steady progress in expanding its global footprint in the lab-grown diamond segment.

The company noted that the increasing flow of orders from overseas markets reflects its growing customer base beyond the US and aligns with the rising global demand for lab-grown diamonds. MDIL’s strategy of strengthening its export mix is expected to boost revenues from the segment over the coming quarters and enhance overall profitability as volumes increase.

Chairman and Managing Director, Shri Upendra N. Shah, said the latest Singapore order further validates MDIL’s lab-grown diamond strategy and its ability to consistently serve international buyers. He added that by focusing on quality, reliable delivery, and competitive pricing, the company is building a diversified export portfolio across key markets, which should support better capacity utilisation and improved margins over time.