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“…we wish to inform you that Goldiam International Limited (the Company), an exporter of diamond jewellery to the United States of America, is currently evaluating the feasibility of setting up a manufacturing facility in the USA,” a stock exchange filing read.
The proposed facility aims to enhance operational efficiency, streamline supply chain logistics, and strengthen Goldiam’s presence in the US market. The company expects the move to improve customer service, reduce lead times, and provide a competitive edge.
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“This strategic initiative is aimed at enhancing our operational efficiency, optimising supply chain logistics, and further strengthening our presence in the key US market. The proposed facility is expected to provide better service to our customers, reduce lead times, and offer a competitive edge in the region,” it said.Goldiam is in the early stages of assessment, and key details such as location, investment outlay, and timeline will be disclosed once finalised and approved by the board of directors.
“The company is in the initial stages of assessment, and further details, including location, investment outlay, and timeline, will be shared once finalised and approved by the Board of Directors,” it added.
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Shares of Goldiam International Ltd ended at ₹354.75, down by ₹38.65, or 9.82% on the BSE.
