Swarnsarita Jewels India Limited, established in 1992, is a prominent manufacturer and wholesaler of luxury gold and diamond jewelry. The company gained its listing on the Bombay Stock Exchange through the acquisition of Shyam Star Gems Ltd., a profitable entity established in 1989, which specialized in importing, polishing, and exporting Australian rough diamonds.
After acquiring Shyam Star Gems, Swarnsarita Jewels expanded its market presence by opening branches in Bangalore, Kolkata, and Delhi during 2015-16. This expansion strategy was aimed at capturing a larger share of the Indian jewelry market. The company's focus on high-end jewelry positions it as a significant player in the luxury sector.
