Goldiam International Explores US Manufacturing Expansion

Goldiam International Ltd, a leading exporter of diamond jewelry, is evaluating the feasibility of setting up a manufacturing facility in the United States. This strategic move aims to strengthen the company's presence in its largest market, where it currently supplies to major retailers and wholesalers. The potential US facility would complement Goldiam's existing manufacturing units in India's SEEPZ zone. This expansion aligns with the company's vision to become the foremost vendor-partner to the US diamond jewelry retail industry. The move could potentially optimize Goldiam's supply chain, reduce lead times, and enhance its competitive edge in the growing lab-grown diamond jewelry segment, which currently accounts for over 68% of its revenue.

 

Source: Goldiam International Ltd Corporate Announcement