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KGK Group

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KGK Group
File:KGK Group logo.svg
ISIN🆔
IndustryPrivate
Founded 📆1905
Founder 👔
Area served 🗺️
Key people
  • Navrattan Kothari (Chairman)
  • Sanjay Kothari (Vice Chairman)
  • Sandeep Kothari (Managing Director)
Members
Number of employees
🌐 Websitehttps://www.kgkgroup.com/
📇 Address
📞 telephone

The KGK Group is a multinational conglomerate covering the entire spectrum of mining, sourcing, manufacturing, and distributing coloured gemstones, diamonds, and jewellery. The company is named after the founders, Keshrimal Ji Kothari and Ghisilal Ji Kothari.[1]

History[edit]

The KGK Group originated in 1905 when Keshrimalji Kothari began task of trading gemstones between Indian and Burma. Ghisilalji Kothari, his son, continued leadership. then going to third-generation Navrattan Kothari and his sons, Sanjay and Sandeep Kothari.[2][3]

  • 1915: KGK started trading coloured gemstones in Chennai[4]
  • 1962: Operations established in Hong Kong
  • 1972: Launched coloured stones operations in USA[5]
  • 1975: Diamonds sourcing operations launched in Mumbai[6]
  • 1986: Diamonds processing operations established in Mumbai[7]
  • 1997: KGK awarded Sightholder status by De Beers[8]
  • 1999: Jewellery manufacturing unit established in Panyu, China[9]
  • 2004: Fine jewellery flagship brand Entice launched in Hong Kong SAR[10]
  • 2010: KGK real estate division launched in India[11]
  • 2014: KGK opened diamond manufacturing unit in Botswana, Africa[12]
  • 2014: KGK goes into a strategic alliance for mining gemstones in Brazil and Mozambique for Paraiba, Emeralds and Rubellite.[13]
  • 2014: KGK Diamonds signed long-term contracts with Russian miner ALROSA[14]
  • 2015: KGK Diamonds Botswana becomes a De Beers Sightholder[15]
  • 2015: Jewellery manufacturing unit established in Bangkok, Thailand[16]
  • 2015: KGK Ausdiam formed by the acquisition of Australian jewellery distributor[17]
  • 2017: Diamond cutting & polishing factory established in Vladivostok, Russia[18]
  • 2018: Diamond manufacturing facility launched in Namibia[19]
  • 2019: Diamond manufacturing facility opened in Angola[20]

Association[edit]

In 1997, KGK was awarded Sightholder[21] status by De Beers and became an authorized bulk purchaser of rough diamonds[22]. The group also is among the global companies who are preferred Alrosa Alliance[23] Members and Rio Tinto Select Diamantaires.

Corporate social responsibility[edit]

The Bhagwan Mahaveer Cancer Hospital and Research Centre (BMCHRC) in Jaipur, is funded by the activities of the KGK Group. It is the only super specialty cancer treatment hospital in Northern India.[24]. In addition, Mr. Navrattan Kothari is also the president of the non-profit education institution SS Jain Subodh Shiksha Samiti, deligently supporting its consistent growth.[25]

Awards[edit]

  • The KGK Group is the winner and honoured partner of JNA awards for 4 years in a row (2016[26], 2017[27], 2018[28], 2019[29]). The JNA Award is organized by Informa Markets, Hong Kong
  • In 2020, KGK Group won two meritorious title, Industry Innovation of the year- Technology and Outstanding Enterprise of the year- EMEA at the prestigious JNA Award[30]

Affiliation[edit]

  • KGK Diamonds (I) Private Limited[31]
  • KGK Creations Private Limited[32]
  • KGK DiaJewels Private Limited
  • KGK Realty (India) Private Limited
  • KGK ENTICE (INDIA) PRIVATE LIMITED
  • KGK INFRASTRUCTURE (INDIA) PRIVATE LIMITED
  • KGK INFRASTRUCTURE PRIVATE LIMITED

References[edit]

  1. "KGK Group: Our Story | Leadership | Milestones & Businesses | Navrattan Kothari". KGK Group. Retrieved 2021-11-16.
  2. "Aura of Success". Retrieved 2021-07-16.
  3. "Matters of the heart | Forbes India | Page 6". Forbes India. Retrieved 2021-07-14.
  4. Sabharwal, Punita (2020-03-13). "How This Gems and Jewellery Company Has Retained its Lustre Over Centuries". Entrepreneur. Retrieved 2021-07-16.
  5. "guangzhou diamond exchange". en.cngzde.com. Retrieved 2021-07-16.
  6. "guangzhou diamond exchange". en.cngzde.com. Retrieved 2021-07-16.
  7. "guangzhou diamond exchange". en.cngzde.com. Retrieved 2021-07-16.
  8. "Sightholders". www.debeersgroup.com. Retrieved 2021-07-12.
  9. "KGK forges historic path in China's jewellery sector". JEWELLERYNET. Retrieved 2021-07-12.
  10. "KGK Jewellery (HK) Ltd. | Baselworld Brands". www.baselworld.com. Retrieved 2021-07-16.
  11. "KGK Real Estate Private Limited Information - KGK Real Estate Private Limited Company Profile, KGK Real Estate Private Limited News on The Economic Times". The Economic Times. Retrieved 2021-07-16. Unknown parameter |url-status= ignored (help)
  12. "KGK opens diamond polishing and cutting factory in Botswana". JEWELLERYNET. Retrieved 2021-07-15.
  13. Sabharwal, Punita (2020-03-13). "How This Gems and Jewellery Company Has Retained its Lustre Over Centuries". Entrepreneur. Retrieved 2021-07-12.
  14. "KGK signs long-term contract with Alrosa". JEWELLERYNET. Retrieved 2021-07-16.
  15. "KGK Diamonds (India) Opens New Cutting Factory In Botswana". The Diamond Loupe. 2015-09-02. Retrieved 2021-07-16.
  16. "KGK Group expands in Thailand with a 2nd manufacturing unit in Bangkok". DiamondWorld.net. Retrieved 2021-07-15.
  17. "Gemstone and jewellery group steps up strategic acquisitions, organic expansion". JEWELLERYNET. Retrieved 2021-07-15.
  18. "Legal Considerations for Asian Investors in the Russian Market". www.legallyindia.com. Retrieved 2021-11-16.
  19. "KGK Group’s Diamond Cutting & Polishing Plant in Namibia Inaugurated by Minister of Mines & Energy". gjepc.org. Retrieved 2021-07-15.
  20. Ghosal, Sutanuka. "Diamond mines-to-brand firm KGK opens factory in Angola". The Economic Times. Retrieved 2021-07-15.
  21. "KGK Diamonds (I) Private Ltd". gss.debeersgroup.com. Retrieved 2021-08-25.
  22. "Sightholders". www.debeersgroup.com. Retrieved 2021-07-13.
  23. "ALROSA and KGK Diamonds signed agreement to create cutting and polishing facility in the Eurasian Diamond Centre | Alrosa". eng.alrosa.ru. Retrieved 2021-07-13.
  24. ESMO. "Bhagwan Mahaveer Cancer Hospital & Research Centre". www.esmo.org. Retrieved 2021-07-17.
  25. "Governing Council | SS Jain Subodh PG (Autonomous) College Jaipur". www.subodhpgcollege.com. Retrieved 2021-11-18.
  26. "JNA Awards|International Jewellery Awards > Partners > 2016". www.jnaawards.com. Retrieved 2021-07-16.
  27. "JNA Awards|International Jewellery Awards > Partners > 2017 > KGK Group". www.jnaawards.com. Retrieved 2021-07-16.
  28. "JNA Awards|International Jewellery Awards > Partners > 2018". www.jnaawards.com. Retrieved 2021-07-16. Unknown parameter |url-status= ignored (help)
  29. "JNA Awards|International Jewellery Awards > Partners > 2019". www.jnaawards.com. Retrieved 2021-07-16.
  30. India, The Hans (2018-09-19). "KGK Group recognised as the Outstanding Enterprise of the Year-India at JNA Awards 2018". www.thehansindia.com. Retrieved 2021-07-16.
  31. "Indian Kanoon". https://indiankanoon.org/doc/182458615/. Unknown parameter |url-status= ignored (help); External link in |website= (help)
  32. https://economictimes.indiatimes.com/company/kgk-creations-mfg-private-limited/U36910MH1990PTC055961. "KGK CREATIONS (INDIA) PRIVATE LIMITED - Company Profile, Directors, Revenue & More". economic times. Retrieved 2021-08-25. Unknown parameter |url-status= ignored (help)

External links[edit]

www.kgkgroup.com



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