Company type | Private |
---|---|
Industry | Gem and Jewelry |
Founded | 1993 in Surat, India |
Founder | Laljibhai Patel, Tulshibhai Patel |
Headquarters | , India |
Area served | Worldwide |
Key people | Laljibhai Patel (Chairman) |
Products | Polished diamonds, jewelry |
Revenue | US$1.2 Billion (March, 2021) |
Number of employees | 6590 (March, 2021) |
Website | www |
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Dharmanandan Diamonds (also known as DDPL) is an Indian diamond manufacturing company headquartered in Mumbai, Maharashtra, India and has manufacturing facility in Surat, Gujarat, India, that manufactures diamonds and jewelry.
In the year 1985, two friends and then diamond merchants in Surat, Laljibhai Patel and Tulshibhai Goti, founded a small diamond manufacturing unit named Shreeji Gems. Shreeji Gems witnessed moderate growth and in the year 1993, it was registered as a partnership firm and renamed Dharmanandan Diamonds. The business continued to grow and later after 14 years, on 31 August 2007, it was formally incorporated as Dharmanandan Diamonds Pvt. Ltd.
DDPL mainly focuses on cutting and polishing quality diamonds, which it eventually sells to retailers and jewelers across the globe. The company manufactures diamonds in various shapes and sizes, ranging from 0.01 carat to 10 carat and distributes its products through its sales offices at Hong Kong, the United States and Belgium. Moreover, it also enables consumers to buy diamonds and Jewellery online through its website. In 2008, Dharmanandan Diamonds achieved status of Sightholder [1] and is on De Beers Global Sightholder Sales's (DBGSS) list since then.
Laljibhai Patel has purchased Indian Prime minister Narendra Modi's suit in 4 crore 31 lakh rupees. In 2019, Dharmanandan Diamonds Pvt. Ltd. was admitted to the American Gem Society as a Registered Supplier.
In 2018, Dharmanandan Diamonds Pvt. Ltd. signed a globally exclusive agreement with Canadian Master Diamond Cutter- Mike Botha to cut, polish, market and distribute the collection of patented diamond shapes marketed under the Sirius Star®...the world's brightest diamond® banner. [2] [3]
A sightholder is a company on the De Beers Global Sightholder Sales's (DBGSS) list of authorized bulk purchasers of rough diamonds. De Beers Group made this list, the second largest miner of diamonds. DBGSS was previously known as DTC. In May 2006, DTC released a list of the 93 sightholders on its website.
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