Shaping The Future Of Sparkle: Mini Diamonds Ties Up With Cupid For 40,000 Carats A Month

In a significant development for India’s lab-grown diamond industry, Mini Diamonds (India) Ltd has entered into a Memorandum of Understanding with Cupid Diamonds Pvt Ltd, a Mumbai-based producer of lab-grown diamonds. The agreement ensures a consistent monthly supply of rough diamonds, bolstering Mini Diamonds’ production capacity and market competitiveness.

Key Highlights

• Cupid Diamonds will supply 30,000–40,000 carats of lab-grown rough diamonds every month
• The supply arrangement is subject to mutually agreed commercial terms between both parties
• The MoU supports Mini Diamonds’ expansion strategy in the lab-grown diamond segment
• Mini Diamonds operates a technologically advanced facility in Mumbai, enabling scalable manufacturing
• The partnership enhances raw material availability and strengthens the company’s supply chain resilience

This collaboration marks a strategic step for Mini Diamonds as it positions itself to meet growing global demand for sustainable and affordable diamond alternatives.

Sources: ScanX News, Business Upturn