Big Indian Bet on Lab-Grown: Mini Diamonds Bags ₹12-Crore Order

Mini Diamonds (India) Ltd (MDIL) has informed exchanges that it has bagged a domestic order worth ₹12 crore for lab-grown polished diamonds from a Mumbai-based customer, marking a significant win in its home market. The order will be fulfilled as per client specifications and a mutually agreed delivery schedule, underscoring MDIL’s execution capabilities at scale.​

Management said the mandate reflects rising acceptance of lab-grown diamonds in India and validates the company’s ability to deliver quality, assortment and timely supplies. MDIL plans to leverage this order to deepen its domestic footprint, drive repeat business and enhance penetration across both B2B and B2C channels.​

Key highlights

Order size: ₹12 crore for lab-grown polished diamonds from a Mumbai-based client.​

Execution: To follow client specifications and agreed delivery timelines.​

Strategic focus: Supports scaling of lab-grown diamond volumes in domestic B2B and B2C markets.​

Operational impact: Company aims to enhance visibility, repeat relationships and channel penetration while maintaining strict quality benchmarks.​

Sources: BSE filing by Mini Diamonds (India) Ltd; company website; exchange disclosure under SEBI LODR Regulation 30.