Diamond World (DW) November- December 2020
Young & Resilient - 7 young diamantaires who are tiding through tough times & making the industry stronger | Gem & Jewellery Industry shine with Increase in exports | A Stellar Surprise Louis Vuitton's high jewellery collection. | 10th JJS IJ Award , Jonna Hary, Richa Singh (NDC) & much more
Young & Resilient - 7 young diamantaires who are tiding through tough times & making the industry stronger | Gem & Jewellery Industry shine with Increase in exports | A Stellar Surprise Louis Vuitton's high jewellery collection. | 10th JJS IJ Award , Jonna Hary, Richa Singh (NDC) & much more
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Cover Story<br />
We strive to<br />
overcome every<br />
problem with sheer<br />
determination.<br />
We hold onto our<br />
positivity. We do<br />
not allow negative<br />
feedback to affect<br />
our mindset. We<br />
have to train our<br />
mind to focus on the<br />
solution and not on<br />
the problem<br />
Shreyans Dholakia, Director,<br />
Shree Ramkrishna Exports<br />
For over 55 years, Shree<br />
Ramkrishna Exports, with<br />
its able leaders, staff and sound<br />
principles, has reached the pinnacle<br />
of the diamond industry. Shreyans<br />
Dholakia, a second generation<br />
entrepreneur, has been a custodian<br />
of the brand that stands for Honesty,<br />
Transparency and Integrity. He leads<br />
the Marketing and Technology team<br />
with his fresh vision and approach.<br />
In 2010, when he began his stint at<br />
the company, he wanted SRK to be<br />
completely digitally enabled and<br />
today, a majority of the business is<br />
garnered online.<br />
It has been one of the slowest<br />
periods for the industry. Business<br />
uncertainty is much more as compared<br />
to the previous years. “<strong>Diamond</strong> is a<br />
luxurious product, people spend on<br />
diamonds when they are really happy<br />
and when they have a lot of money at<br />
their disposal. If the stock market is<br />
on an upward trend and there is an<br />
occasion coming up – people invest<br />
in diamond jewellery. Economic<br />
volatility can’t be the only reason<br />
for this downfall in business. It’s the<br />
shift in the mindset of consumers that<br />
is also affecting the business,” says<br />
Shreyans.<br />
“Problem is Progress”<br />
Whenever there is a challenge, SRK<br />
has always believed in looking at it as<br />
an opportunity for growth. “We strive<br />
to overcome every problem with sheer<br />
determination. We hold onto our<br />
positivity. We do not allow negative<br />
feedback to affect our mindset. We<br />
have to train our mind to focus on<br />
the solution and not on the problem.<br />
Generic marketing is missing the<br />
target. All this while De Beers was<br />
spending a lot of money on marketing<br />
because they had a majority share in<br />
the market, now times have changed,”<br />
says Shreyans.<br />
Rooted in Tradition &<br />
Technology<br />
One of the main reasons for SRK’s<br />
success is its ability to evolve with<br />
time and constantly adapt to the<br />
changing scenarios. In the same<br />
40 | <strong>November</strong>-<strong>December</strong> <strong>2020</strong> | DiamonD WorlD