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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

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