Mini Diamonds Secures $2 Million Export Order For Lab-Grown Gems, Expands Global Reach

Image Source : Times of India

Mini Diamonds (India) Ltd has received a fresh export order worth USD 2 million for its lab-grown diamonds, marking a significant milestone in its international growth strategy. The order comes amid rising global demand for sustainable luxury and reinforces the company’s position in the ethical gemstone segment.

Key Developments
- The export order is part of Mini Diamonds’ ongoing push into the Middle East and North American markets
- It follows a recent Memorandum of Understanding with Unique Lab Grown for priority supply of 10,000–15,000 carats monthly
- The company has reported 65 percent revenue growth in FY25, driven by lab-grown diamond sales and retail expansion
- Mini Diamonds recently launched its first flagship retail store through Namra Jewels, showcasing IGI-certified lab-grown jewellery
- The firm’s Mumbai-based manufacturing unit uses advanced tech for cutting, polishing, and jewellery assembly

Strategic Context
- Lab-grown diamonds are gaining traction due to their lower environmental impact and affordability compared to mined stones
- Mini Diamonds aims to scale responsibly by integrating in-house manufacturing, global partnerships, and B2C outreach
- The company’s export momentum aligns with India’s broader push to lead in sustainable luxury and gemstone innovation

Market Outlook
With this order, Mini Diamonds is expected to strengthen its FY26 topline and deepen its footprint in high-value export corridors. The move also supports its ambition to become a leading player in the lab-grown diamond ecosystem.

Sources: Screener.in, Business Upturn, Mini Diamonds Corporate Filings, Moneycontrol, Trendlyne.