Draft:Dharmanandan Diamonds

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  • Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. Naruto DD (talk) 07:43, 17 July 2025 (UTC)
  • Comment: From what I can see, the subject does not appear to meet WP:ORG. The draft relies mostly on primary sources and routine coverage. Independent, in-depth secondary sources establishing notability are not evident. Leaving this note here to assist the reviewing editor.Cameremote (talk) 14:20, 20 September 2025 (UTC)


Dharmanandan Diamonds Pvt. Ltd.
Company typePrivate
IndustryDiamond cutting and trading
Founded1985 (1985) (as Shreeji Gems)[1]1993 (1993) (rebranded)[1]
Founders
  • Laljibhai Patel
  • Tulsibhai Goti
Headquarters
Mumbai
,
India
Area served
Worldwide
Key people
ProductsCut and polished diamonds
ServicesDiamond manufacturing; trading
₹5,052 crore (FY2024)[2]
Number of employees
~7,500[3]
Websitehttps://www.ddpl.com

Dharmanandan Diamonds Pvt. Ltd. (DDPL) is an Indian diamond cutting and trading company headquartered in Mumbai, Maharashtra, with manufacturing operations in Surat. DDPL cuts and exports polished diamonds from India.[4] The company has been referenced in international media in relation to Surat’s diamond market, concerning the impact of U.S. tariffs and shifts in global demand.[5][6] It is also noted for its adoption of blockchain based supply-chain traceability and the development of synthetic diamond detection instruments through its subsidiary DRC Techno.[7]

History

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Dharmanandan Diamonds began in 1985 in Surat under the name Shreeji Gems and adopted its present name in 1993.[1] The business was formally incorporated as a private limited company on 31 August 2007.[2] Since 2008, DDPL has been a De Beers sightholder, which provides the company with direct access to rough diamonds.[8]

In February 2015, company chairman Laljibhai Patel attracted national attention by purchasing Prime Minister Narendra Modi’s pin-striped suit at a charity auction for ₹4.31 crore for Clean Ganga mission initiative.[9]

In 2024–25, DDPL and other Surat-based exporters were reported in international business media as being affected by falling global demand and new U.S. tariff measures. Reuters cited DDPL executives warning of a 20–25% revenue decline due to these factors,[5] while The Wall Street Journal reported the company had cut production in response to reduced overseas orders.[6]

Technology and Innovation

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In 2017 DDPL launched Diamond Time-Lapse, a blockchain enabled traceability program designed to record each stage of a stone’s processing from rough to retail. In 2018 The Times of India reported that Surat-based manufacturers, including DDPL, were among the first in India to adopt blockchain for diamond supply-chain transparency.[10] DDPL’s research arm, DRC Techno, introduced the “D-Secure” lab-grown diamond detector in 2015, reported as the first device able to screen both loose and mounted stones (0.003–10 ct) for HPHT and CVD synthetics.[11][12] followed by Enhanced versions D-Secure Plus and J-Secure.[13]

Corporate social responsibility

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The company undertakes a river-linking and rainwater-harvesting project in Ugamedi, Bhavnagar district. By joining the Keri and Sonal rivers through a 2.5-km pipeline and constructing three large ponds, the initiative has aimed at addressing water scarcity in the region and benefits about 10 villages and 1 lakh bigha (≈ 17,000 ha) of farmland.[14]


See also

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References

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  1. ^ a b c "DHARMANANDAN DIAMONDS : Moving Ahead in Measured Strides". Diamond World. 18 June 2012. Retrieved 24 July 2025.
  2. ^ a b Dharmanandan Diamonds Private Limited; Long-term rating downgraded to [ICRA]A- (Stable) and short-term rating reaffirmed (Report). ICRA Limited. 30 September 2024. Retrieved 24 July 2025.
  3. ^ "Diamond company gives away life-insurance policy worth ₹100 crore to its employees". The Times of India. 18 October 2016. Retrieved 24 July 2025.
  4. ^ "Dharmanandan Diamonds Pvt Ltd – Company Profile and News". Bloomberg. Retrieved 24 July 2025.
  5. ^ a b "Empty offices, lost orders: India's diamond hub stands idle as steep US tariffs loom". Reuters. 26 August 2025. Retrieved 24 July 2025.
  6. ^ a b "'Diamond City' Thousands of Miles From Ukraine Is Rocked by War". The Wall Street Journal. 2024. Retrieved 24 July 2025.
  7. ^ "Surat-based diamond companies begin to adopt blockchain technology". The Times of India. 4 March 2018. Retrieved 24 July 2025.
  8. ^ "De Beers Customer Directory: Dharmanandan Diamonds Pvt Ltd". De Beers Group. 16 May 2008. Retrieved 24 July 2025.
  9. ^ Mukherjee, Neelam (20 February 2015). "Dharmanandan Diamonds' Hitesh Patel wins PM Modi's suit with Rs 4.31-cr bid". The Economic Times. Retrieved 24 July 2025.
  10. ^ "Surat-based diamond companies begin to adopt blockchain technology". The Times of India. 4 March 2018. Retrieved 24 July 2025.
  11. ^ "Surat firm develops machine to detect fake diamonds". The Times of India. 10 September 2015. Retrieved 24 July 2025.
  12. ^ "Cost-effective synthetic diamond detector launched". Jeweller Magazine. 15 September 2015. Retrieved 24 July 2025.
  13. ^ "DRC Techno delivers diverse diamond detection solutions". Jeweller Magazine. 29 July 2019. Retrieved 24 July 2025.
  14. ^ "Bhavnagar village sets example in river interlinking". The Times of India. 15 November 2014. Retrieved 24 July 2025.
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Official website

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