India’s Niru Group’s Diamond Cutters invests US $ 12.5mn in new … –



Diamond Cutters Ltd, Sri Lanka’s highest export earner Inside the gem And jewelry half, is growing its operations with a US $ 12.5 million new manufacturing unit devoted to slicing and sprucing diamonds utterly for the export market.
The enlargement enterprise, which is located On the Modarawila Industrial Zone, Panadura, has acquired the funding approvals from the Board of Investment (BOI).

Diamond Cutters is a subsidiary of India’s Niru Group of Corporations.

A press launch by the BOI said The mannequin new manufacturing unit would create 1,500 new job alternatives On the market. 

“From 3D diamond scanners to the world’s biggest diamond sprucing benches Shall be used for sprucing diamonds for main fashions, enabling native staff to Research new know-how,” it added.

Established in 1987, Diamond Cutters Restricted Collectively with Niru Lanka Exports (Pvt.) Restricted solidifies Niru’s worth chain, with about 49,000 sq. ft of workspace and over 1300 staff.

The ceremonial basis stone laying of The mannequin new manufacturing unit was attended by Indian Extreme Commissioner Gopal Baglay, BOI Director Widespread Renuka M. Weerakone and completely different distinguished dignitaries.




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