With the festive season just around the corner Shrenuj & Co is expecting diamond jewellery sales to be at least 45% higher than last year, said Shreyas Doshi, chairman of the company.
Doshi said the company is doing extremely well in countries like Far East, China, Hong Kong, India, Middle Eastern countries and United States and sees demand emerging from these countries. Below is the edited transcript of Doshi interview with CNBC-TV18. Also watch the accompanying video. Q: We are entering into the festive season very soon (October through December). What is your expectation in terms of sales considering that gold prices have rallied quite significantly? A: Our sale of diamond jewellery is expected to be at least 45% higher than last year. Q: Can you just break up where you are seeing this demand actually coming from because thatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
