5 Indian Diamond Moguls Who Rule Global Empire

Bangalore: Diamonds speak louder than words, making it easier for many to express themselves with ease, suave and style. As the world is smitten by the glitter of diamonds, here are five Indian diamond sultans who have mastered the craft and reached the paramount of success in the global diamond regime, as reported by ET.

Mehul Choksi
Turnover Rs 13,000 crore
Chairman and MD, Gitanjali Group

The Chairman and MD of Gitanjali Group, Mehul Choksi has been running the company since 1985. At first, Gitanjali’s core business was trading in rough and polished diamonds and was one of the biggest exporters of raw diamonds worldwide. Gitanjali entered the international jewellery market and gradually expanded the business over the years. When Mehul realized that by selling diamonds as a commodity Gitanjali was not attaining its full potential, and then Gitanjali products were released.
At present, Gitanjali's product portfolio has several brands that include Nakshatra, Gili, D'damas, Asmi, Sangini, Diya and Maya. Gitanjali group acquired Samuel Jewelers Inc in U.S. in 2006.  Gitanjali has direct access to the U.S. retail market with its 111 high-end stores under Samuel Jewelers Inc. Some of the popular brands sold in the U.S. are Passion Stone, Love Universe, Lune Dargent, Affiance and REVV. The company has got its grip on Italian brands too like Stefan Hafner, Valenete, IO SI, Porrati and Nouvelle Bague.

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