P N Gadgil Jewellers sets up diamond manufacturing unit

P N Gadgil Jewellers today said it wants to scale up its diamond jewellery segment for which the company has set up a separate manufacturing unit.
"Our diamond factory, which has a capacity to produce 5,000 pieces a month, will design unique hand-made diamond jewelleries that will amalgamate with evolving market.
"This new venture is just the beginning. There's a lot to be done," P N Gadgil Jewellers Chairman and Managing Director Saurabh Gadgil said in a release issued here.
Gadgil diamond factory is a new business venture that will increase the diamond jewellery production by four times, he added.

"Eighty per cent of the jewellery manufactured in the diamond factory will be retailed in the domestic market and the rest 20 per cent will be exported," Gadgil said.
It will present a variety of designs in gold jewellery with diamond settings and the designs will include exquisite handmade diamond jewellery crafted with beautiful solitaires, and diamonds in micro settings.
All diamonds used will be certified by GIA, ICI, SGL certification, justifying their standards in terms of quality.