Gems

Gem of a solution: IT for Gems and Jewellery

Satyanarayan B CIO, Dimexon Diamonds Ltd. Mumbai, 7th June 2007

Agenda

•Indian Gems & Jewellery Industry: Overview •Dimexon Group •IT Strategy Implementation •Challenges and solutions •Critical Success Factors

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Agenda

•Indian Gems & Jewellery Industry: Overview Indian Gems & Jewellery Industry: Overview •Dimexon Group •IT Strategy Implementation •Challenges and solutions •Critical Success Factors

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Indian Economy

•4th largest economy (purchasing power parity)* •Economic Growth 2003–06 CAGR: 8% •Strong Domestic Demand •Boom in Services and Industries •Higher disposable incomes •HNI**growth @ 15%

*Source: Economy Watch

** High Net-Worth Individuals (HNI) with the ability to invest $1m

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Indian Diamond Industry

•Indian share in global diamond market: – By Value: 55% – By Carats: 80% 90% – By Pieces: – By Workforce: 94% •Diamond Exports 2006: – US $ 3.6 bn (+20%) •Dominance of family owned businesses

•Source: www.ibef.org 5

Indian Diamond Jewellery

•3rd largest retail diamond market •Indian branded jewellery market will grow to US$ 2.28 bn by 2010 (CAGR 40%) * •FDI in single brand showrooms •Emergence of local brands •Focus on Customization •DJ Exports < 2% of global sales

* Source: McKinsey & Co Report

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Competitive advantages for India

•Govt. Support •Technology •Human Resources •Global Supply Chain

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Agenda

•Indian Gems & Jewellery Industry: Overview •Dimexon Group Dimexon •IT Strategy Implementation •Challenges and solutions •Critical Success Factors

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Dimexon was born to a family of Jewellers in 1939

Business Verticals

Dimexon Eurostar Jewellery

Dimexon Diamonds

Kirtilal Kalidas

Port Infra structure

InfoTech Solutions

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Corporate Philosophy

Vision To become the leading diamond and jewellery company in the world Mission Bring joy to people’s lives and give expression to their emotions Core Values Trust, Honesty and Integrity...