{"id":1863,"date":"2021-11-12T09:13:56","date_gmt":"2021-11-12T09:13:56","guid":{"rendered":"https:\/\/www.hk.co\/blog\/?p=1863"},"modified":"2024-07-24T11:52:00","modified_gmt":"2024-07-24T11:52:00","slug":"diamond-wholesalers-in-india","status":"publish","type":"post","link":"https:\/\/www.hk.co\/blog\/diamond-wholesalers-in-india\/","title":{"rendered":"The Inside Scoop On Wholesale Diamonds In India by HK &#8211; One Of The Leading Diamond Manufacturers &#038; Wholesalers Among Top 10 Diamond Companies In India"},"content":{"rendered":"<p><span style=\"font-weight: 400; color: #000000;\">Holding almost 60% share of the world\u2019s polished diamond market by value,\u00a0 India is a prominent player in the global gems and jewellery industry.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Producing 8 out of every 10 polished diamonds in the global market as per the recent statistics provided by the Gem and Jewellery Export Promotion Council (GJEPC), there exists the biggest market of wholesale diamonds in India.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Not only is it the largest producer and exporter of polished diamonds, but India is also the largest consumer of gems and jewellery products, holding almost 30% of the market share.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">India and a few top diamond companies in India eternally hold the position of the world\u2019s largest diamond manufacturing and exporting entities since the 19th century.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The reason being the industry is well supported by government policies, in addition to the availability of highly-skilled technicians in the state-of-the-art manufacturing units fitted with cutting-edge technology.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The polished diamond manufacturing industry market is highly organised with a well-shredded 4-tier structure and is the biggest push above all towards its growth.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">At the apex of this 4-tier pyramid is the Gem and Jewellery Export Promotion Council (GJEPC) to take the industry to new heights in the global market.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">GJEPC also looks after the interests of both the government and industry players in the most efficient way.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">For example, the GJEPC recently signed an MoU with Maharashtra Industrial Development Corporation (MIDC) to build India\u2019s largest jewellery park in Mumbai, which can accommodate more than 5000 jewellery units of various sizes, creating a sizable market for Diamond wholesalers in India.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The largest (privately-owned) enterprises of rough importers and polished exporters of the diamond industry make the 2d tier of this pyramid.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">However, two companies out of the top 10 diamond companies in India are an exception to this 2nd-tier. First, Metals and Minerals Trading Corporation of India (MMTC) &amp; second, Hindustan Diamond Company Private Limited (HDCPL).<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">The MMTC is the government-owned trading agent of rough diamonds, while the HDCPL is a joint rough trading venture between the Ministry of Trade &amp; Industry of India and De Beers Group.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">MSEs of the organised sector of the diamond industry make the 3d tier, and MSEs of the unorganised sector of the diamond industry make the 4th tier of the pyramid.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Among all the gems and jewellery players in the Indian market, <\/span><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/www.hk.co\/blog\/journey-of-excellence\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>HK takes pride in being preeminently on the top<\/i><\/b><\/a><\/span><span style=\"font-weight: 400;\"> amongst the diamond manufacturers in India by delivering high-quality diamonds consistently for over two decades in domestic and global markets.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Hari Krishna Exports is not just like any other diamond manufacturing and exporting company, but a large family of 6,000+ people who work, eat, celebrate, and grow together\u2014hosting quite a generous inventory of wholesale diamonds in India.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK\u2019s most cherished goal is employee happiness. Thus, employee well-being manifests in every aspect of HK\u2019s functioning and quotidian activities.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK ensures that all its business practices and principles promote the healthy and ethical functioning of the company while upholding the well-being of all its stakeholders.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Besides Love and goodwill, HK has developed a unique incentive scheme for high-performing employees and rewards their incredible work with cars, houses, diamond jewellery, and many more.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Living up to its promise of delivering diamonds of the highest standards, HK sources its rough diamonds from the stalwarts mines in the world, such as De Beers, Rio Tinto, Alrosa, DDC, etc.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK is also an Approved Manufacturer of Certified Diamonds of Canada Mark and Forevermark under the Mine of Origin program, which makes HK one of the top diamond companies in India.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">As a member of the Responsible Jewellery Council (RJC), HK strictly adheres to all its norms and deals only in <\/span><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/www.hk.co\/blog\/buy-conflict-free-diamonds-at-hk\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>conflict-free diamonds<\/i><\/b><\/a><\/span><span style=\"font-weight: 400;\">. All sales and purchases of HK are Kimberly Process Compliant.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Another reason for standing tall in the marketplace among the top 10 diamond companies in India is HK\u2019s extensive investment in research and development that mark many aspects of its business, products, and work processes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">With all these innovations in equipment and processes, HK has created many outstanding designs patented under the names of Fusion Diamond, Imperial Diamond, Magnificence, and Stella.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK is an authorised manufacturer of Christopher Designs. Its collections Moments of Love and Line of Love enjoy prominent positions in the international markets and progress the wholesale diamonds market.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Apart from developing outstanding practices on the employee and product side, HK has taken critical steps towards the betterment of its relations with its customers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">The introduction of a <\/span><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/www.hk.co\/terms-and-condition\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>Fair and Fixed Price Policy<\/i><\/b><\/a><\/span><span style=\"font-weight: 400;\"> for its customers is one of them. HK is the first company out of the top diamond manufacturers in India to initiate such a bold policy in the diamond industry.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">It has not only made our pricing competitive in the market but elevated the level of customer satisfaction at HK, resulting in increased demand for HK diamonds across the globe.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">Hospitality and transparency, the attributes that mark exceptional customer services by HK, ensure continuity in relationships. That\u2019s the reason why HK marks a phenomenal 80% of repeat clientele.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK also believes that charity for a deserving cause is a supreme virtue. This thoughtfulness resulted in its various charity arms, including Dholakia Foundation, HK Charitable Trust, etc.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">HK is well-known for using cutting-edge technology in the diamond industry. Keeping up to the legacy, we have made our inventory of 40,000+ diamonds live on the <\/span><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/www.hk.co\/blog\/hk-diamonds-mobile-app-features\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>HK.CO website\/app<\/i><\/b><\/a><\/span> <span style=\"font-weight: 400;\">for Smart, Fast, and Easy business.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400; color: #000000;\">HK diamonds are available in Brilliant Round Cut and more than different Fancy Shapes, ranging from 0.30 to 50 carats plus in size with FL to I3 clarity and D to M Color.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/my.hk.co\/signup\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>Register now<\/i><\/b><\/a><\/span><b><i> on HK.CO to explore the inventory of 40000+ sparkling diamonds\u2026<\/i><\/b><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><b><i>[Note: All the data of the Indian gem and jewellery industry is referred from the <\/i><\/b><span style=\"color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/gjepc.org\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b><i>GJEPC<\/i><\/b><\/a><\/span><b><i>\u2019s official website and reports.]<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Holding almost 60% share of the world\u2019s polished diamond market by value,\u00a0 India is a prominent player in the global &hellip; <\/p>\n","protected":false},"author":1,"featured_media":1866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[131],"tags":[],"post_folder":[],"class_list":["post-1863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diamonds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Diamond Companies | Wholesale Diamonds by Hari Krishna<\/title>\n<meta name=\"description\" content=\"Seeking diamond wholesalers in India or insights into the wholesale diamond market? 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