There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties. ......
'We did not know we would one day dominate nearly 70 per cent of the market.''Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.'A fascinating excerpt from......
A Palanpuri Jain whose father and uncles were also jewellers, Choksi always wanted to be the Vijay Mallya of the diamond world, and chased the larger-than-life image by hiring actresses and models......
'If there is any industry that is unfit for modern corporate form it is the diamond trade.''But no one was asking the right questions.''The music was playing and so the game was on,' says S......