India is the largest diamond processing centre in the world. This sector of Gems and Jewellery, plays a vital role in the Indian economy as it contributes 7% to the GDP and also adds up to 15% to India’s total merchandise.
The Government have allowed 100% FDI under automatic route in the gems and jewellery sector.
The company wants to be established as a diamond merchandiser. They wanted to collaborate with various famous Indian designers in order to provide customers with the best designs possible. They had some innovative ideas where they combine some ethnic designs with a modern touch. But, the lack of funds were restricting them and that is why they were looking for soft loans from foreign investors.
While they were looking for a foreign investor, they came to know about our company, FDI India. We helped them in establishing their company by making them meet the right foreign investor who helped them in their business. Besides helping in their foundation, FDI also helped them in decreasing the interest rate. Previously, they took a loan and had to pay an interest rate of 10.80% and now the interest rate is 2.5%.