Shrenuj & Co announced the allotment of a De Beer's site in South Africa. This is the third site of the company and this makes it the only listed entity in India to have 3 sites. Shreyas Doshi, CMD of Shrenuj and Company gives more details
Shreyas Doshi, chairman, Shrenuj & Co says, in an interview to CNBC-TV18, the RBI‘s norms to curb gold imports will have no impact as 85 percent of the company‘s imports constitute of diamond jewellery. The new plant at Patna will manufacture 3 lakh diamonds and employ 1,500 employees
In an interview to CNBC-TV18, Shreyas Doshi, chairman of Shrenuj & Co says, he expects over 20% revenue growth this year. “Next year, it will continue to be the same or it may be up to 25%,” he adds.
Shreyas Doshi, chairman, Shrenuj & Co in an interview to CNBC-TV18 said with the festive season just aroud the corner, the company expects diamond jewellery sales to be at least 45% higher than last year.