Diamond Businesses In Mumbai : Mumbai, India’s financial hub, is home to several enterprises and sectors, including those related to diamonds. The city is home to some of the greatest diamond companies in the world, such as Rosy Blue Diamonds, Gitanjali Gems, and Suashish Diamonds. The real estate market and business climate in Mumbai are closely related. The city’s need for business and residential space has been spurred by the presence of diamond companies, and the availability of real estate of the highest calibre has helped in luring and keeping top talent in the diamond industry. The many diamond businesses in Mumbai will be covered in this article.

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Mumbai’s corporate environment

Mumbai serves as an important centre for commerce. Mumbai is home to Mumbai Stock Exchange, which is the largest stock exchange in India. Is home to several international banks and financial institutions. There are many opportunities for growth and success in the city’s commercial climate, which is dynamic and ever-changing and is the home to a variety of sectors.

Top diamond companies in Mumbai

Blue Star Diamonds

• Industry- Gems, jewellery, and watches
• Sub-industry- Gems and Jewellery
• Company type- India’s Top 500
• Location- Bandra East, Mumbai, Maharashtra 400051
• Founding date- 2008

From mining and polishing to production and sales, Blue Star Diamonds is a vertically integrated company that is involved in every step of the diamond manufacturing process. A few of the company’s various diamond goods include rough gemstones, polished diamonds, and diamond jewellery.

Jayantilal & Co.

• Industry- Diamond industry
• Sub-industry- Diamond cutting and polishing
• Company type- Private limited
• Location- Opera House Churni Raod Mumbai/Maharashtra 400004
• Founding date- 1982

one of the biggest diamond cutting and polishing operations in the country. V. Jayantilal & Co. specialises in cutting and polishing rough diamonds into polished diamonds. The business works with informed, skilled craftspeople who use cutting-edge technology to produce diamonds of the finest standard.

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Pious Eco Diamonds

• Industry- Diamond cutting and polishing
• Sub-industry- Diamond production
• Company type- Private Company
• Location- Borivali West, Mumbai, Maharashtra 400092
• Founding date- 2012

Pious Eco Diamonds prioritises ethical diamond manufacturing. The company recycles water and uses renewable energy to run its facilities. Pious Eco Diamonds is a member of the Responsible Jewellery Council as well. Pious Eco Diamonds is a well-known diamond supplier to well-known jewellery companies globally. The business is well known for its premium diamonds and commitment to sustainability.

Vajra Diamonds

• Industry- Diamond
• Sub-industry- Diamond cutting and polishing
• Company type- Private
• Location- DR. B. I. ROAD, MUMBAI MH IN 400006
• Founding date- 2009

Vajra Diamonds is one of the largest diamond-cutting and -polishing companies in India. The firm employs over a thousand skilled artisans who cut and polish stones of different shapes and sizes. Vajra Diamonds has a state-of-the-art production facility that makes use of cutting-edge technology.

Swet Gems

• Industry- Luxury goods
• Sub-industry- Diamond industry
• Company type- Privately held
• Location- Bandra East, Mumbai, Maharashtra 400051
• Founding date- 1983

Diamond mining, procurement, manufacturing, and polishing are all part of Swet Gems’ activities as a completely vertically integrated company. The business also has a retail section in the major cities of India. Swet Gems is famous for its premium gemstones and commitment to ethical business practises. The company is a member of the Responsible Jewellery Council, a global organisation that promotes moral corporate conduct in the jewellery industry.

Asian Star Company

• Industry- Gems, jewellery, and watches
• Sub-industry- Gems and Jewellery
• Company type- India’s Top 500
• Location- Bandra East, Mumbai, Maharashtra 400051
• Founding date- 1971

Asian Star Diamond Company is a vertically integrated company that controls every stage of the diamond supply chain, from the extraction of raw stones to the sale of completed jewellery. This makes it possible for the company to provide its customers high-quality diamonds at competitive pricing.

Diamond Businesses In Mumbai : Tribhovandas Bhimji Zaveri

• Industry- Gems, jewellery, and watches
• Sub-industry- Gems and Jewellery
• Company type- India’s Top 500
• Location- Kalbadevi, Mumbai, Maharashtra 400002
• Founding date- 1864

Giving its customers the most impactful shopping experience is TBZ’s top priority. Free shipping, refunds, and exchanges are just a few of the numerous services the company offers. Additionally, TBZ has a team of knowledgeable jewellery designers and consultants that can help customers choose the best jewellery piece for their needs.

Diamond Businesses In Mumbai : Janam Diamonds

• Industry- Gemstones and jewellery industry
• Sub-industry- Diamond industry
• Company type- Publicly held
• Location- Bandra East, Mumbai, Maharashtra 400051
• Founding date- 1981

Janam Diamonds is the largest diamond producer in India. The company engages in the mining, production, and trade of diamonds. Janam Diamonds holds a substantial place in the global diamond industry and has locations in Mumbai, New York, and Dubai. Jewellery made from diamonds, polished diamonds, and raw diamonds are all part of the company’s extensive product offering.

Diamond Businesses In Mumbai : Kiran Gems

• Industry- Gems, jewellery, and watches
• Sub-industry- Gems and Jewellery
• Company type- India’s 501- 1000
• Location- Bandra (E, Mumbai, Maharashtra 400051
• Founding date- 2007

Kiran Gems manufactures diamond jewellery, raw diamonds, finished diamonds, and other products. The company’s products are bought by customers all around the world. Kiran Gems is another prominent diamond supplier to the Indian jewellery industry.

Diamond Businesses In Mumbai : Malabar Gold & Diamond

• Industry- Gems, jewellery, watches, and retail
• Sub-industry- Gems and Jewellery
• Company type- India’s 501- 1000
• Location- Andheri West Mumbai- 400053
• Founding date- 1993

With more than 330 locations spread out over 11 different countries, it is one of the largest networks of jewellery dealers in the world. Malabar Watches, a network of upmarket watch retailers managed by the company, is present throughout India.

Demand for commercial real estate in Mumbai

Office space is in high demand for Diamond Enterprises in Mumbai, a prominent business hub. Businesses that deal with diamonds should be situated where talent and other resources are easily accessible.

Rental properties are in high demand in Mumbai among diamond companies. This is due to the fact that many diamond companies choose to rent office space than buying it. This is due to the cyclical nature of the diamond industry, which requires businesses to be able to swiftly adjust their spending in reaction to shifting market circumstances.

The demand for space from diamond companies has had a considerable influence on the Mumbai commercial real estate market. The demand for office space in locations like BKC and Lower Parel has increased significantly as a result of some of the city’s top diamond enterprises relocating there. As a result, both the price of real estate and the cost of renting have increased.

Mumbai’s diamond industry’s effects

The generation of jobs and Mumbai’s GDP are both influenced by the diamond business. Additionally, the industry makes a sizable tax income contribution to the government. The diamond business hires and trains people from all walks of life, especially women and underprivileged groups. The sector also supports the city’s charitable initiatives.

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