Mini Diamonds (India) Limited has secured a new domestic order valued at ₹10 crore for the supply of lab-grown polished diamonds, reinforcing its growing presence in the Indian market. The order was received on February 10, 2026, from Mumbai-based Aura Diamond, marking a repeat transaction with an existing customer.
The development highlights continued demand for lab-grown diamonds and reflects the company’s ability to retain long-standing client relationships through consistent quality and timely delivery.
Order Details and Commercial Terms
The contract involves the supply of lab-grown polished diamonds and will be executed over a period of four months from the date of the order. Payments are scheduled to be received within 150 days from the completion of the order.
| Parameter | Details |
| Client | Aura Diamond |
| Order Value | ₹10.00 crore |
| Product | Lab-grown polished diamonds |
| Execution Period | 4 months |
| Payment Terms | Within 150 days of completion |
| Market | Domestic (Mumbai) |
Execution and Manufacturing Capabilities
Mini Diamonds will execute the order using its integrated, end-to-end operating framework, covering the entire value chain from raw material planning to final shipment. The company’s process includes strict quality checks, production oversight, and compliance with internal control systems.
Manufacturing will be carried out at the company’s Mumbai facility, which is equipped with advanced technologies such as Sarin systems, automated bruting machines, and semi-automatic polishing units to ensure precision and consistency.
Management Perspective
Commenting on the order, Chairman and Managing Director Upendra Shah said the repeat business underscores customer confidence in the company’s product quality, pricing, and execution capabilities. He added that timely and reliable deliveries are expected to drive further repeat orders and strengthen the company’s position in the domestic lab-grown diamond market.
Company Background and Market Presence
Founded in 1987, Mini Diamonds (India) Limited operates as an integrated diamond processing and jewellery manufacturing company. It caters to both domestic and international customers through B2B and B2C channels, with a strategic focus on delivering high-quality, cost-efficient lab-grown diamond products.
The latest order further supports the company’s strategy of expanding its footprint in India’s rapidly growing lab-grown diamond segment.
Summary
Mini Diamonds (India) Limited has received a ₹10 crore domestic order from Aura Diamond for lab-grown polished diamonds. The repeat order, to be executed over four months, highlights strong customer confidence and reinforces the company’s focus on expanding its presence in the growing Indian lab-grown diamond market.
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